Vienna International Airport
Project Title | Privatisation of Vienna Airport |
Airport | Vienna International Airport |
IATA / ICAO | VIE, LOWW |
Location | Vienna, Austria |
Time Frame | 1990 – 2005 |
Capacity | |
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