March 25, 2025
The Munich Airport Group once again recorded a positive result after taxes of € 64 million in 2024. With an increase of 39 million euros, the result more than doubled compared to the previous year. Boosted by the strong growth in passenger numbers and flight movements, revenue rose to a new record of more than 1.6 billion euros. At 195 million euros, operating earnings before interest and taxes also increased significantly compared to the previous year (115 million euros).
Passenger volume in 2024 was around 41.6 million travelers - 4.5 million more than in the previous year. The number of take-offs and landings increased by eight percent with more than 327,000 flight movements. This made the Bavarian air traffic hub the fastest-growing airport in Germany in 2024. Airline seat load factor reached a new record level of 82%. The cargo sector also developed positively in 2024: air freight volumes went up by 11% to around 308,000 tons. Especially the increase in long-haul traffic contributed to the growth in cargo.
Jost Lammers, CEO of Munich Airport: "This success is based on the continuing high demand for air travel, the outstanding commitment of our employees and the attractiveness of our airport. By expanding our route network and adding new long-haul destinations, we have been able to further consolidate Munich Airport's importance as a premium European hub. A strong financial performance enables us to continue investing in sustainable infrastructure and creating new jobs."
The positive development in traffic figures was primarily due to dynamic growth in European and intercontinental traffic. Flights to destinations in Europe and the countries bordering the Mediterranean recorded an increase of twelve percent. Long-haul traffic grew even more strongly, increasing by 17%. In 2024, passenger numbers reached 87% of the pre-crisis level. This development was driven by hub traffic - transfer volumes were up 42%, reaching 95% of the pre-crisis level.
Munich Airport's route network comprised 224 destinations in 66 countries. 96 airlines operated regular flights to and from the airport, including five freighter airlines. Jost Lammers: "The growth in traffic at Munich Airport underlines the enormous importance of the Munich hub for the economy and population of the Free State of Bavaria and far beyond. We have also invested around 300 million euros in our airport in 2024 - this primarily benefits the local economy, suppliers and the Free State as a whole."
