Italy’s air navigation service provider ENAV has reported 10.8% growth in air traffic for the first nine months of 2024 compared to 2023.
The increase has pushed air traffic levels to the highest ever achieved in Italy and the best performer among the major European countries, for en-route service units , compared to the average growth of 7.0% in France, Germany, the UK and Spain.
The figures were released after ENAV’s board of directors approved the Interim Report last month.
Pasqualino Monti, CEO of ENAV said, "In Italy, air traffic volume has exceeded forecasts and for the full year we expect double-digit growth over 2023. The Group is solid and the excellent results today approved are in line with our year-end targets.”
“Our new organizational model, which aims to separate competences and activities between core business and the non-regulated market, will accelerate the digital transition to enhance airspace management, also promoting drone development, and strengthening the Company's presence in international markets.
“We are also developing new products and services, which are currently being implemented and which will upgrade our commercial offer."
Domestic air traffic was substantially stable (+0.8%) compared to 2023, while international traffic service units grew by 16.2%. Overflight traffic (flights crossing Italian airspace without stopover) increased by 10.5%.
Terminal traffic in the nine months of 2024 grew by 10.7%, in terms of service units, compared to the corresponding period of 2023. The increase in traffic volumes was spread throughout Italy. Charging zone 1, referring entirely to Rome Fiumicino airport, increased by 24.5% compared to the same period in 2023.
Charging zone 2, represented by the airports of Milan Malpensa, Milan Linate, Venice Tessera and Bergamo Orio al Serio, recorded an 8.1% increase in service units in the first nine months of 2024. Finally, charging zone 3, which includes all other national airports, recorded a 6.7% increase in service units.
ENAV’s interim report expects traffic volumes in the last quarter of 2024 to support the Group's solid performance, and so have been revised upwards to more than 10.8% en-route service units compared to 2023. The outlook for 2024 on total revenues, non-regulated market revenues, EBITDA and capex remains unchanged.