Flughafen Wien AG has revised its traffic forecasts for 2009 as previously announced, above all to reflect the continuing
economic downturn. Vienna International Airport is now expecting declines of 9% in passengers as well as 8% in maximum take-off
weight (MTOW) and 8% in flight movements for 2009. The number of passengers handled at Vienna International Airport is forecasted
to reach nearly 18 million by the end of 2009.
At the same time, Flughafen Wien AG has adjusted its capital expenditure programme for the period from 2009 to 2013. The Flughafen
Wien Group is now forecasting a total investment volume of 937 million for this period (excluding the third runway
and related land sites). This figure includes investments for projects that cannot be postponed, such as expansion projects
in the terminal areas, the design of the core zone, security and replacement investments of 695 million. The remainder
represents projects that can be postponed, e.g. projects for the aprons and parking areas.
Furthermore, the evaluation report on the terminal extension Skylink by the civil engineering firm Gobiet & Partner
has been completed. The estimated projected costs for the new Skylink, which were previously expected to total 657
million, are now presumed to equal 830 million. This figure does contain opportunities for improvement, but additional
non-assessable risks of up to 64 million cannot be excluded at the present time.
The previously expected costs of 657 million reflected an underestimation of the complexity of the project and a resulting
overly optimistic evaluation. The necessary steps have already been taken: The responsible project managers were replaced
on the recommendation of Ernest Gabmann, the new Management Board member who is responsible for the project. As previously
announced, Norbert Steiner has taken over the direction of the Skylink project. Mr. Steiner is a well-known international expert, who last served with ÖBB Immobilienmanagement GmbH. He has successfully
realised a number of large construction projects such as the BahnhofCity west railway station and the main railway station
in Vienna as well as the railway stations in Linz, Graz and Innsbruck, and was also in charge of numerous major international
Since the volume of traffic in 2009 will fall below the 2007 level, Vienna International Airport will be able to handle the
passenger volume over the coming years with the existing terminal capacity and no adverse effects. The completion of construction
is scheduled for July 2011, whereby the start of operations in the terminal extension Skylink will be determined
in agreement with the development of traffic and the results of the test phase. The start of operations will also mark the
start of depreciation, which will cover a period of 33 years.