Bologna airport, in 2021 the loss is reduced. Traffic picking up

Bologna airport in 2021 the loss is reduced Traffic picking

(Finance) – The Board of Directors of Guglielmo Marconi Airport of Bolognaa company listed on Euronext STAR Milan that manages the Bologna airport, has approved the Draft Financial Statements and the Consolidated Financial Statements at 31 December 2021. Overall, the airport recorded 4,103,816 passengersdown by 56.4% compared to 2019 but up by 63.7% compared to 2020, with 42,477 movements (-44.9% compared to 2019 and + 40.9% compared to 2020) and a average load factor up from 60.5% in 2020 to 68.7% in 2021, gradually improving over the course of the year. Relative to the freight trafficin 2021 there was a cargo traffic of 50,121,148 kg, up by 15.5% compared to 2020, and by 2.6% compared to 2019

In 2021, 37.4% of the airport’s passenger traffic was domesticincidence in sharp increase compared to 2020 and 2019. Spain with 14.3% it is confirmed as the second country for the number of passengers transported. Followed by Germany with 5.7%, Romania with 4.9% and France with 4.6%. Between carriers, Ryanair it is confirmed to be the first airline at the airport with 58.8% of total traffic, due to a reduction in passengers lower than the average of the other carriers. In second place is confirmed Wizz Airwith a share that grows from 5.4% in 2019 to 11.8% in 2021. To follow Air FranceKLM, Volotea, Air Nostrum and Turkish Airlines with stakes between 2% and 3%.

“2021 was a year still strongly characterized by the impact of the pandemic. However, thanks to the solid progress of the vaccination campaign, the effects of Covid have been significantly mitigated, so as to allow Bologna Airport to begin to see glimpses of recovery, highlighted by the increase in traffic levels “, commented theAD Nazareno Ventola. “We are aware that this recovery will be exposed to the influence of imponderable exogenous factors such as any new variants of the virus or the further degeneration of the tragic situation in Ukraine – he added – As has already happened during the last two years, Bologna Airport will not lower its gaze projected to the future and will continue a growth path oriented towards innovation, social and environmental sustainability and the offer of an ever better service for its customers “.

THE consolidated revenues show an overall decrease of 13.3%, going from 67.5 million to 58.5 million euros but, if we consider the revenues adjusted by the revenues for construction services that are connected to the lower investments made, there is an increase of 33 , 6% from 37.8 million in 2020 to 50.4 million euros in 2021.EBITDA returns to being positive for 3.5 million euros, compared to -3.9 million in 2020 and the positive figure of 44.9 million in 2019. consolidated net resultentirely attributable to the group, amounts to a loss of € 6.7 million, compared with the negative result of € 13.6 million in 2020 and the net profit of € 20.9 million in 2019.

THE first two months of 2022 still show a negative traffic difference compared to 2019, but an important growth compared to 2021, with a total of 710,614 passengers (-42.2% on 2019 and + 413.8% on 2021) and 7,038 movements (-32.2% on 2019 and + 251.4% on 2021). In the cargo segment, 6,628 tons of goods were transported (+ 2.0% on 2019 and + 15.6% on 2021).

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