Munich International Airport has achieved its highest ever ranking amongst Europe’s busiest airports after handling 38 million passengers in 2011. The new figures represent a 9% increase on 2010 and enabled the airport to ‘leapfrog’ Rome into sixth place.
Munich also rose three positions, to 27th, in the global passenger rankings. In terms of aircraft movements, Munich recorded 410,000 take-offs and landings; a 5% increase, and lifted it to the number six position in Europe in this category as well. Airfreight delivered a 4% gain in 2011 bringing a new record level for Munich of 286,000 tons.
The airport’s non-aviation sector also provided very positive results with operating company FMG’s 2011 financial results indicating that overall revenues, at about €950 million (US$1.27bn), were 6% higher for 2011. Taking into account the subsidiaries, the group actually achieved total sales of over €1.2 billion (US$1.6bn). The operating result (EBITDA) amounts to approximately €270 million (US$362m), and total earnings after taxes (EAT) are expected to rise to approximately €230 million (US$308m). FMG achieved a cash flow of approximately €215 million (US$288m).
“The 2011 results demonstrate that FMG is an efficient and economically sound company with the ability to compete successfully and cope with the challenges of the market,” said Dr Michael Kerkloh, the President and CEO of FMG at the company’s annual press conference in February.
For the upcoming 20th anniversary of Munich Airport on May 17, 2012, Dr Kerkloh announced a birthday party at the Munich Airport Centre which will be open to the general public: “I believe that these two decades with Munich Airport are a real cause for celebration. There are certainly not many transportation infrastructure projects in our country that have matched these growth rates or have achieved the kind of worldwide reputation earned by Munich Airport.”