Munich Airport set a new record for passenger traffic in the first six months of the 2018 operating year, with a total of 21.7 million passengers handled. This represents an increase of about 3 percent. The number of take-offs and landings was up slightly as compared with the first half of 2017 to around 200,000. Growth was dampened somewhat in the first half by an unusually high number of flight cancellations, largely due to thunderstorms. There were 2,600 more cancelled flights than in the first half of 2017. The total airfreight tonnage, at approximately 173,000 tonnes, was down by 3 percent on a year-over-year basis.
Munich Airport's new integrated report, entitled "Showing Class", is now available in an interactive online version on the airport's website. It presents the traffic statistics and key financial data for 2017 and provides information on the wide-ranging activities in support of sustainable airport operations, including all measures to reduce CO2 emissions. Munich Airport aims to become Germany's first carbon-neutral airport by 2030.
With consolidated earnings after taxes at around €155 million, Munich Airport achieved the best result in its history in 2017. The Group again achieved a yearon- year increase of €100 million in annual revenues to around €1.5 billion – hanks in large part to a substantial 5.5 percent rise in total passengers to 44.6 million. The airport's strong economic performance also paid off for the neighboring communities, which will again take in business tax revenues of €35 million.
Munich Airport can again enjoy the title of "Europe's Best Airport" in 2018. The Bavarian hub was selected for the honor in the annual World Airport Awards announced by the respected London-based aviation research institute Skytrax. The announcement was made in a special ceremony on the occasion of the international airport fair "Passenger Terminal EXPO 2018" in Stockholm.
Munich Airport's dynamic growth continued in 2017 with new traffic records in several categories: Passenger traffic increased by an impressive 2.3 million to a new all-time high of 44.6 million. This was a 5.5 percent gain over the 2016 figure. The airport also saw a strong surge in take-offs and landings, with an increase of more than 10,000 to approximately 405,000 – a gain of 2.6 percent. Without the reduction in services by Air Berlin in the summer period, followed by that airline's bankruptcy, the increase would have been even bigger. Another record is reported by the airfreight segment, which achieved a total turnover of around 379,000 tons in 2017 – a 7 percent gain over the previous year.
Turkish Airlines (TK) and Munich Airport signed a long-term consulting service contract. As of now, Munich Airport will support the flag carrier of the Republic of Turkey and the hub carrier of the current Istanbul Atatürk Airport in preparing a smooth relocation of its operations to the Istanbul New Airport, scheduled to open on 29th of October, 2018.
With a major refurbishment of the municon conference center, Munich Airport's hospitality and catering subsidiary Allresto has expanded the airport's conference and meeting capacity. Municon now has 34 airy, well-lit rooms to choose from. All of the meeting rooms, with capacity ranging from four to 180 persons, are now equipped with advanced technology and new TV screens. The modern, open architecture provides pleasant surroundings for discussions, meetings and conferences.
The weekend ahead will bring another change, besides the annual resetting of clocks to end Daylight Saving Time: It also marks the start of Munich Airport's winter timetable. The new flight schedule will be in effect from Sunday, October 29, 2017 until Saturday, March 24, 2018.