Flughafen Wien COO: Sharp pax increases contributing to decreases retail revenue per passenger

    Flughafen Wien AG co-CEO and COO Julian Jäger reported retail revenue per passenger of EUR2 is expected to decrease 3% to 5% year-on-year in 2018 (APA, 29-Aug-2018). Mr Jäger attributes the forecast to sharp increases in Vienna International Airport passenger traffic, expected to increase 6% in 2018, as previously reported by CAPA. Mr Jäger said the Flughafen Wienplans to invest EUR500 million out to 2023 on terminal infrastructure expansion and refurbishment to accommodate “strong growth” in the future.