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Press release
- 11.04.2006
- 2005 a Successful Year for Hamburg Airport
Significant growth in passenger numbers and turnover. Earnings remain stable.
2005 was a successful financial year for Hamburg Airport. The number of passengers grew at an above average rate, turnover performed satisfactorily, and earnings remained stable. Passenger volume grew by 7.9 per cent to approximately 10.7 million. The last time Hamburg Airport reported growth at this level was fifteen years ago. Turnover grew by 2.4 per cent to 203.4 million euros. Total earnings of 31.2 million euros maintain the pleasing level reached the previous year.
Increased passenger volume and non-aviation revenue secure result
The main reasons for the good commercial result are the increased passenger volume, resulting in an increase in traffic-related sales revenue, and the significant expansion of non-traffic-related sales revenue. This non-aviation revenue has been achieved by the Center Management department through the rental of retail and restaurant space and advertising space as well as the provision of parking services. Strict cost control and the efficient corporate structure also contributed to securing the good result. This made it possible to compensate for the costs associated with the construction and commissioning of the airport’s new infrastructure. The positive contributions of Hamburg Airport’s subsidiary companies also had a role to play in generating the solid result.
Fit for the future with new infrastructure
The new Hamburg Airport was opened in May 2005 with an opening ceremony and two open days, attracting more than 50,000 fascinated visitors. Passengers and visitors appreciate the spacious ambience, flooded with light, of both state of the art terminals. Survey results prove the high level of customer satisfaction with the new infrastructure: according to the airport benchmark study AETRA*, Hamburg Airport saw a significant increase in customer satisfaction as a result of the terminals, the new access roads, expanded parking facilities and the informative parking guidance system. Hamburg Airport now has the capacity to handle approximately 15 million passengers per year, making it well equipped for further growth.
Hamburg Airport: a proven mix of routes and airlines
In 2005, the well-balanced ratio of low cost airlines to established carriers proved itself once again to be Hamburg Airport’s special strength. Last year, a total of 70 airlines offered direct flights to around 120 destinations. 23 new routes were introduced in the 2005/2006 winter timetable. This was the largest growth Hamburg Airport had seen since the 1950s. Special focus was placed on expanding the range of budget destinations on offer from Hamburg Airport. The number of Lufthansa destinations served from Hamburg has risen to 25, all of which are available as return tickets for prices from 99 euros.
Outlook for 2006: Hamburg Airport continuing its upward trend
Michael Eggenschwiler, CEO of Hamburg Airport, is expecting further positive developments for the airport in 2006: “In breaking the 10-million passenger barrier, Hamburg Airport has joined the ranks of Europe’s major international airports. For 2006, we are expecting a further upward trend in terms of passenger numbers. Our aim is to increase passenger volume to over 11 million. In the first quarter, Hamburg Airport has already seen 16 per cent growth. This strengthens our position as THE airport for northern Germany, and the number 1 for value-for-money flights.”
As “Gate to the Games”, Hamburg Airport will be welcoming thousands of international fans to the Football World Cup in June 2006. With its modern, efficient and comfortable infrastructure, Hamburg Airport is well equipped to meet the demands of an international airport. Hamburg Airport’s passengers benefit from an attractive route network for city trips, longer journeys, seaside holidays and business travel.
* Standardised customer satisfaction survey commissioned by IATA and ACI with a total of 66 participating airports.