Innsbruck Airport achieved impressive results in the 2023 financial year, demonstrating its central role as a regional economic engine and important transport hub in Tyrol. With total revenue of EUR 38,4 million, an increase of 31% was achieved compared to the previous year - clear evidence of the airport's resilience and adaptability after the difficult years of the COVID-19 pandemic.

The majority of revenue, around 77%, was generated in the aviation sector, which generates revenue directly from the operation and handling of aircraft. The remaining 23% is generated in the non-aviation sector, which includes revenue from business areas such as rental, leasing and trading income. This diversification of revenue sources shows how the airport is diversifying to remain stable even in difficult times.

The investment volume for 2023 was 2,9 million euros. A significant part of these investments, around 2 million euros, went into the purchase of a new baggage x-ray machine and the necessary adjustments to the baggage handling system. These modernization steps are crucial for maintaining and improving security and handling standards at the airport.

Despite the challenges faced by Innsbruck Airport, it was able to achieve a profit before tax of 2,6 million euros. This solid financial basis is a strong foundation for the future development of the airport, which plays a key role in the economic and tourist positioning of Tyrol.

Mayor Johannes Anzengruber, who is also responsible for security policy in Innsbruck, emphasized the importance of resuming flights to Vienna and Frankfurt. These connections are crucial to bringing Innsbruck closer to the Central European hubs and strengthening the airport as a central point for business and tourism.

Another significant event in 2023 was the appointment of two new supervisory board positions. The lawyer and former member of the National Council, Mag. Gisela Wurm, and the managing director of the Therese Mölk bakery, Mst. Matthias Mölk, were newly appointed to the supervisory board of the Tyrolean Airport Operating Company. These new members are intended to bring a breath of fresh air to the management of the airport and help to further advance the future strategic direction.

Challenges in 2024 and a hopeful outlook

The year 2024 began with a successful winter season, but the summer brought challenges. The temporary cancellation of the Frankfurt route and the reduction in frequency on the Vienna route led to a decline in daily passenger numbers. Despite slight growth of 1,3% in the first half of the year to just under 618.000 passengers, it is expected that the negative developments on the important routes to Frankfurt and Vienna cannot be fully compensated.

Nevertheless, the airport is optimistic about the end of the year. The 2024/2025 winter flight program promises a resumption of the important Frankfurt connection with up to two daily flights and an increase in the flight frequency to Vienna to up to three flights per day. In addition, new destinations such as Warsaw and Riga have been added to the program, further strengthening Innsbruck's international connections.

Another forward-looking project is the development of a security center east of the terminal. This center will create modern premises for critical infrastructure such as air traffic control and the police. This investment in security is a further step towards making Innsbruck Airport future-proof and strengthening its role as a reliable partner for the region.