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Annual Report 2001 - Flughafen Wien

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Investments<br />

___The replacement of vehicles and equipment continued as planned during the reporting<br />

year, with investments totalling € 10.2 million. The purchase of eight container transport<br />

loaders, two container loaders, eight catering vehicles, five two-way passenger buses, five<br />

aircraft tugs – including two bar-less vehicles – and 12 conveyor belts will further improve the<br />

efficiency of our handling services.<br />

Outlook<br />

___We expect the Austrian Airlines Group to continue its consolidation process into the middle<br />

of this year. Current shifts on the European aviation market and the possible creation of new<br />

alliances lead us to forecast a decline of 3% in flight movements for 2002. The trend towards<br />

the use of smaller aircraft, which began in <strong>2001</strong>, will continue throughout this year. Our competitor,<br />

VAS Bodenverkehrsdienste GmbH, will also attempt to increase its market position,<br />

however we forecast a market share of more than 90% in the ground-handling sector.<br />

___Continued reduction in the cargo capacity of aircraft and lower demand as a result of general<br />

economic conditions are expected to cause a further decline in cargo volume during<br />

2002. This slowdown is expected to have a lesser impact on the trucking sector.<br />

___The Handling Segment views its internationally recognised know-how, ongoing cost<br />

management and active market development as a solid foundation to meet new challenges.<br />

Classification of Turnover in the Handling Segment<br />

Cargo Management<br />

15%<br />

Handling Apron<br />

74%<br />

54 Segments<br />

General Aviation (VAH)<br />

3%<br />

Traffic Handling<br />

8%<br />

<strong>Annual</strong> <strong>Report</strong> <strong>2001</strong>

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