Memmingen Airport continues to hit the black

Memmingen Airport continues to be in the black and returned to profitability in the financial year 2018. The signs are still on growth.

More destinations, more passengers – in the past financial year Memmingen worked successfully again. This is also reflected in the balance sheet of Flughafen Memmingen GmbH. In its second financial year after the restructuring of the corporate structure, it generated sales revenues of EUR 14.2 million (previous year: EUR 11.6 million). The annual net profit is stated as EUR 261.000 (previous year: EUR 111.280). “We have been stable in the profit zone for years,” explains Managing Director Ralf Schmid. “We are in solid black and will continue to do so.” Bettina Kurrle, Chairman of the supervisory board of Flughafen Memmingen GmbH and Advisory Board of Allgäu Airport GmbH & Co. KG would like to thank all employees and shareholders who made this success possible. “It is always a performance of the entire team, whose commitment is also reflected in the balance sheet.” Despite the tense situation in the airspace, some failures due to strikes and some alternate flights due to the delayed start of the expansion work, it was possible to continue the expansion course.

Passenger numbers are also rising. While the financial year 2017 ended with a record of 1,179,875 passengers, in 2018 1,492,533 passengers flew to and from Memmingen. This represents an increase of 26.5 percent over the previous year. A total of seven airlines connected Memmingen with scheduled and charter operations to 50 destinations in Europe, Africa and Asia. Despite the two-week closure of the runway between 17th and 30th September, around 1.65 million passengers are expected in 2019.

Last year the Allgäu Airport GmbH & Co. KG, owner of the airport core area and responsible for the airport’s expansion, as well as the ALLgate GmbH, responsible for passenger handling and the Duty Free Shop, also worked successfully. Flughafen Memmingen GmbH employed around 100 employees in 2018 and ALLgate GmbH had 66 employees.