SEA Milan Airports have achieved strong financial results in 2024 in non-aviation revenues due to increased long-haul traffic and passenger spending.
Long-haul traffic grew by 17 per cent with new and recovering routes post-pandemic, such as connections to Bangkok, Chongqing, Guiyang, Ashgabat, Chengdu, and Tokyo Haneda operated by various carriers. In turn, the airport system recorded an 11.5 per cent increase in passenger traffic for the year, achieving a record 39.3 million passengers. Malpensa Airport saw 28.7 million of those passengers.
Low-fare airlines added many new routes, such as easyJet’s additional routes to Las Palmas, Toulouse, and Salerno, Wizz Air’s expansion to Paris Beauvais, Tenerife, Warsaw, Larnaca, Malaga, Valencia, Bucharest, Rzeszow, and Gdansk, and Ryanair’s new Malpensa connections to Athens, Marrakech, Budapest, Tallinn, and Paris Beauvais.
At Linate, the airport increase weekend slot availability, leading to new routes from Vueling, Aeroitalia, Sky Alps, and ITA Airways.
Shops and restaurants had a EUR 432 million turnover, 15.4 per cent more than in 2023, and recorded that the average spend per passenger increased by 3.4 per cent to EUR 11. The retail side of the commercial results was strong, as sales in shops increased by 15.3 per cent and spend per passenger by 3.1 per cent, while food and beverage saw sales rise by 16.6 per cent and passenger spending by 4.5 per cent. Malpensa Airport was particularly successful in this segment, with a sales increase of 17.5 per cent and passenger spend growing by 5.6 per cent.
Terminal 1 luxury shops reported a revenue increase of 13.9 per cent and spending per passenger rose by 14.9 per cent, driven by increase traffic from Asia, the United Arab Emirates, and North America.
Photo: SEA Milan Airports
