The company that runs the country’s largest airport at Zaventem in Flemish Brabant has published its annual report. The Brussels Airport Company reports record turnover in 2024. Nevertheless, passenger number remain lower that in the period prior to the coronavirus crisis.
Record turnover, but passenger numbers at Zaventem are still below pre-corona levels
Published:
In 2024 23.6 million passengers used Zaventem. This is still 10% less than the 26.4 million passengers that used the airport in 2019, the year before the onset of the coronavirus pandemic. Although passenger numbers are still below where there were prior to the COVID-19 pandemic, the airport reports a record turnover of 784 million euro in 2024. This is 11% up on 2023.
During 2024 the number of passengers using Brussels Airport was up by 6% on 2023. Air cargo also increased by 5% to 733,000 tonnes. Meanwhile costs (wages, energy, maintenance,..) were 8% up on 2023.
Net profits stood at 91 million euro a rise of more than 50% on 2023.
No dividend will be paid
As in previous years Brussels Airport Company will not be paying its shareholders that include the Belgian state any dividend. The company says that this is "to consolidate the financial strength and to finance future investments”.
Major investments
The airport recently announced major investments in infrastructure during the coming years. Between now and 2032 500 million euro will be invested to accommodate an expected increase in passenger numbers to 32 million per annum.
In 2024 255 million euro was invested in new buildings at the Brucargo air cargo terminal, runway renovations, a new multi-story carpark and the replacement of the airport’s fire detection system.
On Wednesday it was announced that the man that has been the Brussels Airport Company’s CEO for the past 15 years Arnaud Feist has appointed to serve another 6-year-term as boss of the country's largest and busiest airport.