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Cargo Newswire

Flughafen Wien AG Reports a Positive cargo growth in the First Quarter of 2024

May 16, 2024
in Uncategorized
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Vienna Airport has reported double-digit percentage improvements in cargo volumes in the first quarter, with throughput now exceeding pre-Covid levels.

The Austrian airport handled 68,058 tons of freight in the first three months of the year – a 16% year-on-year increase and a 2% improvement on 2019 levels.

The hub also pointed out that its pharma volumes – a sector the operator has been investing in over recent years – improved by 6.9% from a year ago to 886 tons.

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Positive cargo development at Vienna Airport

The air freight business at Vienna Airport is picking up again significantly. In the first quarter of 2024, 68,058 tons of air freight were handled for import and export. This represents a year-on-year increase of 16 percent. Compared to the pre-coronavirus year 2019, the current figures represent a growth of 1,417 tons or around 2 percent. The tonnage handled in the Pharma Handling Center in the first quarter also increased by 6.9 percent to a total of 886 tons.

The positive figures are a primarily result of the significant increases in belly cargo on passenger aircraft. Compared to the previous year, the resurgence in air traffic has created additional cargo space, which is in high demand. In the first quarter, the volume of belly cargo more than doubled, increasing by 52 percent to 27,131 tons. This development more than compensated for the 12 percent decline in handling volumes for cargo-only aircraft to a total of 20,238 tons. In addition to one-off effects in the previous year, the main reason for the decline in the freighter-only sector was the transfer of cargo shipments to passenger aircraft.

The volume of trucking increased by 15 percent year-on-year to 20,678 tons. Looking at imported and exported air freight, it reveals a balanced picture. Both areas grew equally. 37,468 tons of imported freight (up 14 percent) contrasted with 30,572 tons (up 17 percent) that were shipped to global markets via Vienna in the first quarter.

“The development of air freight in the first quarter gives us cause for optimism. Demand for air freight is picking up noticeably, both for general cargo and for pharmaceutical shipments, which we handle in our own state-of-the-art pharmaceutical center. The flight schedule change has already added additional long-haul capacity to North America and Asia. We are prepared for further growth in order to strengthen and expand our role as an air cargo hub for Central and Eastern Europe with these and other connections to international markets,” says Michael Zach, Head of Handling Services at Flughafen Wien AG.

Tags: air freight operationsairport cargo performancecargo growthcargo industry newsFlughafen Wien AGQ1 2024
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Devender Grover

Devender Grover

Devender was born in the year when the Beatles Group was formed. He holds two master’s degrees in English Literature and Public Administration. He also has an Honors degree in English Literature and a post-graduate diploma in Corporate Communications and Public Relations. He was closely associated with the Indian State Transport Undertakings and Ministry of Transport in his role as Corporate Communications and PR specialist for over two decades handling domestic and international organizations. He ventured into business forming his own Media House, Profiles Media Network Private Limited which is now a twenty years old company. Excelling as an editor, Marketing, PR, Anchor, and Advertising specialist, he is now expertly navigating the world of social media. A widely traveled professional internationally, Devender has a deep understanding of the Air Cargo, Cargo Business, Cargo Airports, Freighters and Cargo Industry at large.

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