Vienna International Airport

Project Title Privatisation of Vienna Airport
Airport Vienna International Airport
Location Vienna, Austria
Time Frame 1990 – 2005
Client Flughafen Wien AG

Project description:
Austria has played a trendsetting role in aviation liberalisation resulting in Vienna International Airport (VIE) becoming the second airport worldwide to be privatised via a share flotation at the Vienna and New York stock exchange.
For a long time since 1998 the senior management of AIRPORT CONSULTING VIENNA (The predecessor company of AIRPORT COMPETENCE) was regularly providing advice to the airport management of VIE in liberalisation- and privatisation-related aspects and represented VIE in international airport privatisations in numerous cases.
The procedures performed consist inter alia of:

  • Preparation of airport staff for the privatisation
  • Strategy for the Home Carrier as the biggest client of the airport
  • Tariff Policy
  • Preparation of liberalisation of the ground handling activities in line with the requirements of the European Union
  • Implementation of tender proceedings for concession contracts for commercial services
  • Slot management concept resulting in the foundation of a separate slot-dedication-company

Provided services:
For over a decade AIRPORT COMPETENCE delivered and elaborated a number of innovative solutions for the airport management of VIE and guided the airport through various complex stages of its strategic development, such as, for example:

  • Strategic Concept and Planning prior to privatisation
  • Re-organisation programme
  • Feasibility studies and systems for “Going Public” (privatisation of VIE) in line with state liberalisation
  • Accompanying the “Going Public” privatisation with training programmes for the staff and for the clients (e.g. airlines, tenants…)
  • Strategic Planning and Management Support for the “Master Plan 2015”
  • Regulatory framework and innovative automatic adjustment procedure to regulated revenues
  • Maintenance and facility management
  • Provision of appropriate accounting and management reporting systems
  • Planning and strategy
  • Business development planning
  • Performance benchmarking
  • Advice on managing relations with international air carriers
  • Advice on environmental procedures and issues
  • Advice on the selection and contracting of international retail operators
  • Advice on recruitment of management personnel