AUSTRIA. Vienna Airport today reported full-year results for 2025 with Retail & Properties revenue climbing by +5.9% year-on-year to €215 million. The company attributed the rise to higher shopping, hospitality, lounge and parking income related to passenger growth.
Passenger traffic climbed by +4.9% groupwide to 43.4 million and by +2.6% at Vienna Airport to reach 32.6 million in the year.
Within the Retail & Properties division, Center Management & Hospitality revenue increased by +7.9% to € 113.6 million. The company also cited the duty-free expansion in Terminal 1 in 2024 and other new shops that helped deliver additional shopping and restaurant income. Car parking income grew by +4.3% to € 64.2 million.
The Retail & Properties arm contributed a 25% share of consolidated EBITDA (adjusted) for the company. EBIT in this segment improved by +3.5% year-on-year to €97.2 million.
Group revenue rose by +7.2% to €1,128.9 million, with a -6.8% fall in EBITDA to €412.4 million and net profit down by -12.3% to €210.1 million.
For 2026, the company is moving ahead with expansion at Vienna and Malta airports, with record investments of about €330 million planned.
Günther Ofner, Joint CEO and CFO of Vienna Airport operating company Flughafen Wien, said, “2025 was an economically strong year for us featuring a +7.2% revenue increase. As the result of the one-off derecognition of assets in connection with the terminated third runway project, the Group net profit fell slightly from the previous year and EBITDA declined similarly.
“However, the improved business development could offset half of the negative impact. All segments and international strategic investments made positive earnings contribution. In this regard, the strong upward trend in Malta is particularly gratifying. The airport expansion in Vienna and Malta is in full swing. Following investments of €281.3 million in 2025, we will invest a record amount of approx. €330 million in the year 2026 – in Vienna, this is being fully financed from our funds.
“Despite the fee reductions and a difficult business environment, we expect a stable earnings development of about €210 million in 2026. The aviation sector is generating significant growth across the globe, whereas Europe is pulling the regulatory ‘handbrake’ i.e., burdening the sector with false and discriminatory regulations which inhibit growth.
“There is an urgent need to correct the current hostile approach of the EU Commission which has such an adverse effect on air traffic. Austria can also provide support by enabling quicker procedures and approval processes and enacting a significant reduction of the air transport levy.”
Joint CEO and COO Julian Jäger said, “2025 saw a new all-time high in passenger volume at Vienna Airport, namely 32.6 million passengers. The outlook for 2026 is more cautious but still at a high level of about 30 million passengers. Our target for the year 2035 is 40 million passengers at Vienna Airport.
“We are already preparing for this today by making extensive investments in quality and the infrastructure. All security checkpoints will be equipped with CT scanners until summer of 2026, and we are improving the quality of people’s stay by means of expanded service offerings such as new children’s areas and much more.
“The new Terminal 3 Southern Expansion building will be put into operation in the second quarter of 2027. Passengers will experience a shopping and restaurant offering as well as new and spacious lounges, a large and centralised security checkpoint and other amenities spanning 70,000sq m. Afterwards work will commence on enlarging Pier North to include additional gates and parking positions for wide-body aircraft, which will be concluded by 2031.” ✈
