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Doomed to grow?
7. Januar 2021
Volatility of traffic development requires diversification
The EBITDA per Pax has been declining at most airports over the last ten years. A comparison of 2 hubs (MUC-Munich, VIE-Vienna, HAM-Hamburg, CGN-Cologne-Bonn) and 2 major "O&D" airports in Germany/Austria shows that Vienna took a different path with a strong focus on the development of the Airport City and the contribution of the profitable airports in Malta and Kosice.
Diversification
seems to be the right approach when the volatility of traffic development increases (dramatically in the case of aviation).
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