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Hamburg Airport closes financial year 2013 with profit

Hamburg Airport finished the 2013 financial year positively. With a profit of EUR 37.3 million, the result was stable.

The figure for 2012 was EUR 39 million. Turnover for the year was EUR 254.5 million (2012: EUR 251.5 million). In 2013, 13.5 million passengers used Hamburg Airport, i. e. 1.4 per cent less than the previous year. “Hamburg Airport is satisfied with the last financial year. Despite the slight reduction in passenger figures, we managed to achieve a stable commercial result,” said Michael Eggenschwiler, CEO of Hamburg Airport, at the Financial Results Press Conference.

Year 2013 result influenced by many unforeseeable factors

The Euro crisis and the only slight economic growth (+0.4 per cent) made themselves felt in the airline sector with insolvencies and cost cutting. A new profit-sharing agreement coincided with higher expenditure for pension provisions, leading to increased personnel costs. The high cost of maintaining the traffic infrastructure also made its mark on the annual result. Meanwhile, unforeseen occurrences had a cumulative commercial impact amounting to millions of euros. This includes, in particular, the long winter with substantial amounts of ice and snow, a total of seven days of strike action, and significant restrictions on operations on three days caused by heavy autumn storms. “Hamburg Airport overcame this difficult environment with the great commitment of its personnel. The good work done is underlined by the airport once again winning the coveted ‘Best Airport Europe’ award from Europe’s airport association, ACI Europe,” commented Eggenschwiler.

Passenger figures 2013: 13.5 million passengers

In comparison with the previous year, Hamburg Airport recorded a slight decline of 1.4 per cent in passenger figures for 2013, with a total of 13.5 million. The airport’s efficiency balance sheet shows a positive result: the number of aircraft movements declined disproportionately by 5.9 per cent to 143,802, the same level seen in 1994, a year that saw only 7.7 million passengers – significantly less than in 2013. This means that more passengers are being carried for each aircraft movement. The number of passengers per flight has risen by five percent to 105. This is the highest value ever seen at Hamburg Airport.

On average, 37,000 passengers passed through Hamburg Airport each day in 2013, with a daily average of 394 aircraft movements (197 take-offs and 197 landings). Air cargo increased slightly, with 3.1 per cent growth in freight handled at Hamburg (including transit) for the year, bringing the total to 65,833 tonnes. Flown air cargo rose by 0.4 percent whilst road freight increased by 5.2 percent.

120 destinations in current route network

From sunny holiday destinations to city breaks, the airlines at Hamburg Airport are expanding their offerings for northern Germany’s residents. The quality low-cost carriers such as Germanwings, easyJet and norwegian, in particular, are discovering Hamburg. Germanwings is significantly expanding its route network from Hamburg, and in the 2014 summer timetable the airline is flying to Rijeka, Thessaloniki, Karlsruhe/Baden-Baden, Verona, Toulouse, Rome and Prague. During the summer holidays, Germanwings will also fly twice weekly to Zagreb, Zadar and Pula. With the opening of its second base in Germany, easyJet has underlined its ambitions for Hamburg Airport. As of 31 March, 2014, customers from Hamburg have five new year-round routes to choose from: Copenhagen, Nice, Milan Malpensa, Venice and Palma de Mallorca. And easyJet is also adding six further destinations – Catania, Athens, Ibiza, Naples, Kalamata and Split – for the summer season. Norwegian, the low-cost carrier from Scandinavia, has added new routes too – to Barcelona and Madrid.

Winter outlook: Caribbean to stay, Marrakesh being added

It is already definite that the long-haul services to Punta Cana and Cancun , launched last year, will be offered again in the coming winter. And for the first time ever, Hamburg’s timetable will include flights to Marrakesh, starting from 4 November, 2014. The Berlin-based airline, Germania, is expanding its network and will be flying to the “Pearl of the South” twice a week, the only airline to serve the city from northern Germany.

Outlook for 2014: our per cent more passengers

Michael Eggenschwiler, CEO of Hamburg Airport, expecting a lot of good news for passengers in the new financial year, commented, “In 2014, our passengers can choose from a broad route network with 120 destinations. We are focussing on the new routes and on even more comfort for our passengers.” The new, more convenient and comfortable P1 multi storey car park, offering around 2,800 parking spaces close to the terminals, will open in time for the summer holidays. Michael Eggenschwiler continues, “2014 will see a return to an upwards trend in passenger numbers. Hamburg Airport is expecting growth of more than 4 percent. We have already made a good start, with growth of seven per cent in the first quarter.”

source:
hamburg-airport.de

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