There has been strong growth in the number of passengers at Royal Schiphol Group’s airports. At Amsterdam Airport Schiphol the number of passengers grew by 324% compared to the first half of 2021. Taking all airports of the group in The Netherlands into account, the growth in passengers was 359%. This resulted in more air traffic movements and better financial results. Amsterdam Airport Schiphol is improving step by step from severe upscaling issues that occurred during this steep growth. Since the beginning of August, the passenger experience is more reliable. Schiphol is preparing and executing measures to structurally improve the quality of the airport.
“It is great to see that so many passengers are back after the lifting of COVID travel restrictions. Unfortunately, staff shortages have impacted Schiphol in this period of steep growth, like other airports and airlines. Due to measures taken, our service level is improving step by step. The passenger experience has been more reliable over the past few weeks. We will continue to improve our operational performance, invest in our infrastructure and make changes in the running of the airport where necessary, including the terms and conditions of employment and the social dialogue”,
CEO Dick Benschop of Schiphol
Traffic
The total number of passengers at Royal Schiphol Group airports in the Netherlands increased by 359% to 27.3 million (HY 2021: 6.0 million).
Passengers (in millions)
Amsterdam Airport Schiphol | Eindhoven Airport | Rotterdam The Hague Airport | Total | |
HY 2022 | 23,8 | 2,7 | 0,8 | 27,3 |
HY 2021 | 5,6 | 0,3 | 0,1 | 6,0 |
HY 2020 | 13,1 | 1,1 | 0,3 | 14,5 |
HY 2019 | 34,5 | 3,2 | 1,0 | 38,7 |
There were 189,506 air traffic movements at Amsterdam Airport Schiphol. That’s a 120% increase relative to HY 2021 (86,037 air traffic movements) but still 22% below 2019 (242.107 air traffic movements). Cargo volumes at Amsterdam Airport Schiphol decreased by 14% to 0.7 million tonnes.
Air traffic movements
Amsterdam Airport Schiphol | Eindhoven Airport | Rotterdam The Hague Airport | Total | |
HY 2022 | 189.506 | 18.314 | 6.413 | 214.233 |
HY 2021 | 86.037 | 3.745 | 690 | 90.472 |
HY 2020 | 115.952 | 8.338 | 2.514 | 126.804 |
HY 2019 | 242.107 | 19.864 | 7.902 | 269.873 |
Financials
The underlying net result for the first half of 2022 resulted in a loss of 33 million euros compared to a loss of 257 million euros for the first half of 2021. By including the fair value gains on investment property, the fair value gain on the asset held for sale (investment in Groupe ADP), remeasurement of the financial liability – share buyback obligation and the NOW government grants received, the net result increased to a positive result of 65 million euros in the first half year of 2022 compared to a loss of 140 million euros in the first six months of 2021.
Underlying results
EUR Million | HY 2022 | HY 2021 |
Revenue | 665 | 257 |
Underlying EBITDA | 163 | -131 |
Underlying Operating Result | 2 | -276 |
Underlying Net Result | -33 | -257 |
Net result | 65 | -140 |