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Previous years results


Maximise financial performance Maximise financial performance

Consolidated revenues in 2019 amounted to Euro 125.1 mln, increasing by 9.7% compared to 2018, thanks to the positive trend registered by both Aviation (airport charges paid by passengers, airlines and airport operators) and Non-Aviation (retail concessionaires, car parking activities and services to passengers) revenues.

The growth in passengers’ traffic, the positive dynamics started with the introduction of new flights, the activities to support the aviation marginality and the tight operating cost control have contributed to the consolidated net result which amounted to Euro 20.9 mln in 2019 (+16.3% compared to 2018).

Performing corporation Performing corporation

In order to guarantee the ongoing monitoring of the strategy execution, in 2019 Bologna Airport further improved the Corporate Performance Management system developed in 2018. The system is based on indicators defined according to the corporate targets and the related implementation schedule.

 Connect

In 2019, more than 9.4 million passengers have travelled through Bologna Airport, an increase of 10.6% compared to 2018.

This growth is linked to the increase in traffic of both legacy carriers (+4.9%), thanks to the introduction of new routes and additional flights to some hubs by the main international carriers, and LCC (+14.7%), primarily due to the consolidation of the main carriers.

Both the number of air transport movements and the take-off weight have also grown (respectively by +7.9% and by +8.4%). The average load factor was equal to 81.5% in 2019, slightly higher than the 81.3% registered in 2018.

 Develop

In 2019, 19.4 million Euro worth of investments in maintenance and infrastructure development have been realised. In particular, the final design activities for some major strategic investments, e.g. the terminal extension and the new multilevel car parking, have been completed. Also, during the year the de-icing pad and building construction works have been completed and the construction of the new cargo building has started.

To be highlighted that in January 2020 the “Conferenza dei servizi” gave the green light to Bologna Airport Masterplan.

An increase in non-aviation revenues has also been registered, as a result of the increase in retail and advertising revenues (+6.8%), parking revenues (+5.5%), real estate revenues (+2.4%) and service to aviation passenger revenues (+10.6%).

 Experience

The Group focuses on the continuous improvement of passenger service quality.

In 2019 the airport registered good performances in terms of service quality offered to the passenger. Within the framework of the Airport Service Quality programme of ACI World, Bologna’s general satisfaction level (overall satisfaction: 3.82) has slightly improved when compared to 2018.

Care Care

The importance assigned to environmental sustainability and the respect of ethical and social principles has resulted in the company’s commitment in 2019, together with other major airports members of ACI EUROPE, to reach net zero emissions by 2050.

Also, during the year a 700 sqm gym for the airport community and the customers of the Marconi Business Lounge has been realized, partnering with Technogym: the "BLQ Fitness Lounge" is the first gym in an European airport.

In 2019 the company developed an important sustainable mobility plan aimed at supporting employees in making sustainable choices regarding the daily home-work commute.


Maximise financial performance Maximise financial performance

Consolidated revenues in 2018 amounted to Euro 114 mln, increasing by 15.1% compared 2017, thanks to the positive trend registered by both Aviation (airport charges paid by passengers, airlines and airport operators) and Non-Aviation (car parking activities, retail concessionaires and services to passengers) revenues.
The growth in passengers’ traffic, the positive dynamics started with the introduction of new flights, the activities to support the aviation marginality and the tight operating cost control have contributed to the consolidated net results which amounted to Euro 17.9 mln (+10.8% compared 2017).

Performing corporation Performing corporation

In 2018, Bologna Airport developed a Corporate Performance Management project. In order to guarantee a continuous monitoring of the strategy execution, the company has developed a corporate performance management system based on indicators, defined according to targets and timing of realisation.

 Connect

In 2018, 8.5 million passengers have travelled through Bologna Airport, an increase of 3.8% compared to 2017.
This growth is linked to the increase in traffic of both legacy carriers (+ 4.3%), due to the introduction of new routes and the strengthening of the existing ones, and LCC (+2.6%), primarily due to the consolidation of the main carriers.
The number of air transport movements was stable (-0.2%), while the take-off weight increases (+3.0%) as a result of larger aircraft size. The average load factor also increased to 81.3% in 2018, compared to 80.9%, registered in 2017.

 Develop

In 2018, 24 mln Euro worth of investments in maintenance and infrastructure development have been realised.
Among those, the activities related to the final design of the terminal expansion project, which will allow the extension of the departure and commercial areas, have been concluded.
A significant increase in non-aviation revenues has also been registered as a consequence of the increase in parking revenue (+5.6%), retail and advertising revenue (+10.6%), real estate (+3.8%) and service to aviation passenger revenues (+10.3%).

 Experience

The Group focuses on the continuous improvement of passenger service quality.
In this context, we highlight an improvement of the Customer Satisfaction Index, which increased to 98,5% in 2018, compared to 97% in 2017, and some initiatives implemented to improve the passenger experience (the new bag drop desks, the video help phone to assist PRMs and the footpath beside the terminal).

Care Care

The importance assigned to environmental sustainability and the respect of ethical and social principles are translated into investments in the new air quality monitoring system and in the construction of a “training center”, in compliance with the new EU regulation n. 139/2014 (EASA) on safety matters.


Maximise financial performance Maximise financial performance

In the financial year 2017, the Group has registered 99.1 mln € in revenues, a 9.6% increase compared to 2016. This has been possible thanks to the positive trend of both the aviation and non-aviation revenues (mainly due to parking, retail and passenger services).
The revenue growth and the tight operating cost control have determined an EBITDA of 34.2 mln €, corresponding to a 21.3% increase compared to 2016.
The increase in passenger traffic, the positive dynamics started with the introduction of new routes, the increase of frequency of already existing ones and the actions taken to support the aviation marginalization have contributed to reach, in 2017, the consolidated net income of 16.2 mln €, 41.9% higher than 2016.

Performing corporation Performing corporation

In 2017, Bologna Airport has started a project to strengthen the monitoring of actions taken to reach the main company’s targets. In order to guarantee a continuous monitoring of the strategy execution, the company has developed a corporate performance management system based on indicators, defined on the base of targets and timing of realisation.

 Connect

In 2017, over 8 million passengers have travelled through Bologna Airport, an increase in 6.7% compared to 2016. This growth is linked to the increase in traffic of legacy carriers (+ 8.6%), due to the introduction of new routes and the strengthening of the existing ones.
The number of air transport movements has increased (+3.1%), as well as the take-off weight (+2.6%) as a result of larger aircraft size. The average load factor also increased to 80.9% in 2017.

 Develop

In 2017, 15.5 mln € worth of investments in maintenance and infrastructure development have been realised. Among those, the activities related to the final design of the terminal expansion project, which will allow the extension of the departure and commercial areas, are close to be concluded.
A significant increase in non-aviation revenues has also been registered as a consequence of the increase in parking revenue (+6.2%), retail and advertising revenue (+11.1%) and service to aviation passenger revenues (+12.0%).

 Experience

The group attaches high importance to the continuous improvement of service quality provided to passengers.
In this context, we highlight the increase in the Airport Service Quality indicator, which adds up to 3.79 in 2017 compared to 3.71 of 2016 and the initiatives implemented to improve the passenger experience and to strengthen airport operations. These include queuing and check-in areas optimisation, the creation of security lane for staff and the passengers’ business lounge upgrade.

Care Care

The importance assigned to environmental sustainability and the respect of ethical and social principles are translated into investments in the development of the new air quality monitoring system, in the new canteen service and in the construction of a “training center”, in compliance with the new EU regulation n. 139/2014 (EASA) on safety matters.