Swedavia reports growth in passenger volume and sustainable efforts in 2024

Credit: Fotograf

As of 19 March, Swedavia’s Annual and Sustainability Report for 2024 is available on the company’s website. The past year saw increased international travel, new airline routes at Arlanda, and a stronger operating profit, alongside continued investments in the transition to fossil-free aviation. Passenger volume rose by over one per cent compared to 2023, driven by sustained demand for international travel.

Details on Swedavia’s sustainable efforts in 2024

The growth in travel and higher commercial revenues enabled Swedavia to report a positive operating income for the first time since the pandemic, marking a key milestone in the company’s recovery. The net revenue increased by SEK 462 million compared to the previous year, while operating income improved by SEK 344 million. Cash flow from operating activities also grew by SEK 305 million, strengthening Swedavia’s financial position.

At Stockholm Arlanda Airport, the final stage of the new Marketplace will be completed in the first quarter of 2025, with the last tenants moving in. This, along with the new security control, finalises the modernisation of Terminal 5, which began just before the pandemic. The modernisation significantly improves passenger flows and satisfaction. The new Marketplace also allows for increased profit margins in commercial operations, which will help maintain competitive airport charges.

In 2024, around 40 new routes were added, including 18 entirely new destinations. Notable new services included Air Canada’s direct routes to Toronto and Montreal, and ANA’s new service between Arlanda and Tokyo Haneda, launching in early 2025. Swedavia continues to strengthen its international connectivity.

Domestic air traffic faced challenges, notably with BRA’s closure of its domestic traffic at Bromma Stockholm Airport. Instead, BRA signed a cooperation agreement with SAS, consolidating domestic traffic at Arlanda. This move is crucial for maintaining connectivity across Sweden.

Swedavia also achieved a major milestone, with four of its airports now certified at the highest level by the Airport Carbon Accreditation system. The company remains committed to sustainable aviation, having invested SEK 135 million in sustainable aviation fuel (SAF) as part of its long-term vision for fossil-free aviation.

Swedavia’s Annual and Sustainability Report is available to read and download in its entirety on the company’s website: Financial information | About Swedavia.