Airports Budapest Airport

Established gateway in Central and Eastern Europe: Budapest Airport


AviAlliance currently holds a stake of 55.438 percent in Budapest Airport, Hungary's most important international airport. In June 2007, AviAlliance, together with its consortium partners, had initially assumed responsibility for the airport management with a stake of 75 percent minus one vote. In July 2011, they also acquired the 25-percent stake of the Hungarian state. Since then, Budapest Airport is fully privatized. In 2019, 16.2 million passengers used the Hungarian capital's airport; due to the COVID-19 pandemic, the number of passengers totaled 4.6 million in 2021.

Budapest Airport is one of the most dynamically developing airports in the region and continues to invest in expansion and modernization. In 2020, a new pier was opened to provide passengers with an even more pleasant and comfortable stay. The construction of Pier 1 represented a total investment volume of 33 million euros. 2019 had already brought the completion of the BUD Cargo City. This 50-million-euro project not only creates a first-class logistics base, but also enables the airport to become the central hub for air cargo in Central and Southeastern Europe.

In 2022, Budapest Airport was honored with the Skytrax World Airport Award as the best airport in Eastern Europe for the ninth time in a row. The Skytrax Awards are one of the most prestigious awards in the aviation sector. The awards are presented annually on the basis of an independent passenger survey, in which passengers are asked about their satisfaction with airport services, check-in and the quality of passenger services and security standards.

Shareholder

Budapest Airport Zrt.
Budapest Airport - Shareholder

Key project data

  • Contract for the operation of Budapest Airport
  • Form of privatization: 100 percent privatization, duration until 2080, contract concluded June 6, 2007 (secondary transaction)
  • Shareholders: AviAlliance (55.44%), Malton* (23.33%), Caisse de dépôt et placement du Québec (21.23%)
  • Hungary's largest international airport

*A subsidiary of GIC

 


Passengers

Year Passengers
20214.6 million
20203.9 million
2019 16.2 million
2018 14.9 million
2017 13.1 million

Financial Highlights 2021

   
Revenues (excl. fueling) EUR 143.6 million
of which Non-Aviation 39 %
 
EBITDA (excl. fueling) EUR 59.9 million

Prizes and awards

In the past few years, Budapest Airport has been honored on a number of occasions for the quality of its services.
Here are some examples:

Skytrax World Airport Awards 2022

Best Airport in Eastern Europe

Skytrax World Airport Awards 2021

Best Airport in Eastern Europe

ACI EUROPE Best Airport Awards 2020

Eco-Innovation Award

Skytrax World Airport Awards 2020

Best Airport in Eastern Europe

World Routes Marketing Awards 2019

Overall winner and winner in the 4-20 million passenger category

Skytrax World Airport Awards 2019

Best Airport in Eastern Europe

Routes Europe Marketing Awards 2018

Winner in the category of 4-20 million passengers

Skytrax World Airport Awards 2018

Best Airport in Eastern Europe

Skytrax World Airport Awards 2017

Best Airport in Eastern Europe


Further Information