Bologna Airport: Coronavirus outbreak causes a further reduction of traffic volumes

BOLOGNA AIRPORT: CORONAVIRUS OUTBREAK CAUSES A FURTHER

REDUCTION OF TRAFFIC VOLUMES

Passenger decrease of 57% as compared with March 2019 first week

Coronavirus also impacts on Bologna Airport: the decrease, recorded in February's last days, with an average reduction rate of 40%, is confirmed by a trend reporting a further drop. In particular, during March first week (1 - 7 March 2020) traffic volumes fell by 57%.

Flight movements dropped by 13% in the same week, as compared with the same period in 2019.

The number of Airlines cancelling their flights to all Italian airports, including Bologna Airport, has increased, also as a result of some interdictions or quarantine periods imposed by an ever growing number of Countries for March and in some cases for some weeks in April, as already officially published by Carriers.

Bologna Airport is constantly monitoring the health and operational aspects through special task forces dedicated to manage and mitigate the consequences of the international situation. Bologna Airport confirms to be fully committed to its infrastructures development strategic objective, aimed at improving the Airport's operational capacity and quality of service levels.

Bologna, 9th March 2020

* * *

Bologna Guglielmo Marconi Airport, classified as a "strategic airport" in the centre-north area of the National Airports Plan prepared by the Ministry of Infrastructure and Transport, in 2019 was the seventh biggest Italian airport by passenger numbers, with 9.4 million passengers (Source: Assaeroporti). Located in the heart of the Emilian food valley and the automotive and packaging industrial districts, the airport has a catchment area of about 11 million inhabitants and around 47,000 companies, with a strong propensity to exports and internationalisation and with commercial expansion policies to Eastern Europe and Asia.

The presence at the airport of some of the largest airlines in Europe along with some of the leading low-cost carriers and the close link with European continental hubs make Bologna Italy's forth airport for global connectivity (Source: ICCSAI - Fact Book 2019).

As for airport infrastructure, the airport has among its strategic objectives in the next few years an important development plan that mainly concerns the expansion of the terminal, particularly in the parts of security checks and gate area. The company's aim is to make Bologna Airport one of the most modern and functional in Italy, an important gateway to the city and region.

* * *

For further information: www.bologna-airport.it

Press Office:	Investor Relations:
Anna Rita Benassi	Patrizia Muffato
Responsabile Comunicazione	Chief Financial Officer e Investor
e Ufficio Stampa	Relations Manager
[e-mail]	[e-mail]
Tel: [phone]	Tel: [phone]