Dynamic Growth in Air Traffic brings Bavarian Hub back on track for success
Source: Munich Airport Number of passengers in 2022 rises to around 70% of pre-crisis level Munich Airport doubles revenue to around EUR 1.2 billion Net profit improved by over EUR 200 million A dynamic traffic development brought Munich Airport significantly improved financial results in fiscal year 2022. With a passenger volume of 31.6 million passengers – 19 million more than in the previous year – the airport already reached around 70% of its pre-crisis level. Revenue was almost doubled year-on-year to around EUR 1.2 billion. Earnings before interest and taxes (EBIT) amounted to EUR –28 million, an improvement of EUR 258 million on the previous year. Munich Airport posted earnings after taxes (EAT) of EUR –59 million, thus reducing the [...]