Günther Ofner, CFO and member of the management board, announced a moderate increase in revenue and earnings for the first quarter of 2026. Revenue rose by 6.1%, with EBITDA up by 8.2%, and group net profit increased by 5.3%. The company experienced a positive traffic development overall, with growth of 5.3%, particularly strong in Malta and Košice, while Vienna saw a modest increase of 1.6%, influenced by Air India’s transit passengers during refueling stops.
The performance in non-aviation sectors also contributed positively, driven by increased de-icing revenues and the absence of winter incentives compared to 2025. The implementation of cost-saving measures remains a priority, and Ofner expressed optimism about achieving the planned efficiencies throughout the year.
However, uncertainty looms due to ongoing conflicts in the Middle East, which Ofner noted could affect the near-term outlook. He also pointed out that rising fuel costs may lead to adjustments in airline capacity and higher ticket prices. Despite these challenges, the company has maintained its passenger and financial outlook for 2026.
Ofner concluded by expressing hope that the positive trends in financial outcomes would continue, allowing the company to navigate successfully through the uncertainties ahead.
Why this story matters: The report highlights the resilience of the airline industry in the face of geopolitical and economic challenges.
Key takeaway: Increased revenue and profit are accompanied by rising uncertainties from external factors such as fuel costs and regional conflicts.
Opposing viewpoint: While the financial outlook remains positive, critics may argue that external unpredictability could derail projected growth and profit gains.