Swedavia’s Annual and Sustainability Report 2024
As of 19 March, Swedavia's Annual and Sustainability Report for 2024 will be available on the company's website. The past year was characterized by increased international travel, investments in several new routes by the airlines at Arlanda and stronger operating profit in parallel with continued investments in the transition to fossil-free aviation. In 2024, passenger volume increased more than one per cent compared to 2023. This increase was driven by continued strong, growing demand for international travel.
Increased travel and higher commercial revenues have helped Swedavia report a positive operating income for the full year for the first time since the pandemic. This marks an important milestone in the company's recovery. At the same time, we have created the conditions for continued growth in passenger numbers, which is reflected in the increase in net revenue of SEK 462 M compared with the previous year and an improvement in operating income of SEK 344 M. Cash flow from operating activities is also positive for the full year and has increased by SEK 305 M, which also helps to ensure that Swedavia’s financial position remains strong.
At Stockholm Arlanda Airport, the final stage of the new Marketplace will be completed in the first quarter of 2025 and the final tenants will move in. Together with the new security control, this completes the comprehensive modernisation of Terminal 5, which began just before the pandemic and now creates considerably improved flows and more satisfied passengers.
The new Marketplace also allows for increased profit margins in our commercial operations, which in turn creates better conditions for maintaining competitive airport charges.
During the year, some 40 new routes were added, including 18 completely new destinations. Among the biggest new additions were Air Canada's direct routes via Arlanda to Toronto and Montreal and ANA's new service between Arlanda and Tokyo Haneda, which started in early 2025. Swedavia is continuing to work to strengthen international connectivity.
In parallel with a strong international trend, domestic air traffic continues to face challenges. One significant consequence of this during the year was the announcement by airline BRA that it would be closing down its domestic traffic at Bromma Stockholm Airport at the end of the year. Instead, BRA signed a cooperation agreement and is now a subcontractor to SAS, which means that since the end of the year, domestic traffic in Stockholm has been consolidated at Stockholm Arlanda Airport. Ensuring that Arlanda remains strong now and in the future is essential and an important factor to maintain connectivity across all of Sweden.Â
Four of our airports have now achieved the highest level of certification from the international climate certification system Airport Carbon Accreditation. This is one of several measures that show Swedavia is a world leader in conducting airport operations with the least possible climate impact. The aim is for all of Swedavia’a airports to achieve this level by 2026.
Our incentive programme for sustainable aviation fuel, which is now entering its sixth year, has so far led to SEKÂ 135Â M being invested in sustainable aviation fuel (SAF). The investment in SAF is part of Swedavia's long-term vision for a fossil-free aviation industry.
Swedavia's Annual and Sustainability Report is available to read and download in its entirety on the company's website: Financial information | About Swedavia.
The report is a combined annual and sustainability report in accordance with accepted regulations and standards.
The Sustainability Report is conducted in accordance with Global Reporting Initiative Standards.
Swedavia AB is required to disclose the information in this Interim Report under the Securities Markets Act. The information was submitted for publication on 19th March 2025 at 1:10 P.M. CEST.
For further information, please contact Ellen Laurin, Deputy Head of Strategic Media Communications and Media Relations at Swedavia at tel. +46 (0)10-109 01 00 or contact the Swedavia press office at press@swedavia.se
The Swedavia Group owns, operates and is developing 10 airports throughout Sweden. Our role is to create the connectivity Sweden needs to facilitate travel, business and meetings. Safe, satisfied passengers are the foundation of Swedavia’s business. Swedavia is a world leader in developing airports with the least possible environmental impact. Since 2020, Swedavia’s own airport operations have been fossil-free at all ten airports. In 2024, the group had sales of approximately SEK 6.4 billion and has approximately 2,750 employees.