The second quarter of this year was characterized by increased demand for international air travel and strengthened commercial revenues that had a positive impact on Swedavia's net revenues. Quarterly net revenue was 1,789 million (1,674) and operating income improved to 178 million SEK (167). Pre-tax profit was positive during the quarter, equivalent to SEK 109 million (96).
“The increase in international travel, combined with improved adjusted airport charges and commercial offerings, resulted in an increase in net revenue of SEK 115 million in the second quarter. At the same time, it was affected by a higher depreciation expense, particularly related to delegated investments, especially for the new markets adjusted in ARLANDA's new market. Jonas Abrahamson, President and CEO of Swedavia, said:
In the second quarter of the year, 8.9 million passengers traveled through 10 airports in Swedavia. This is an increase of 0.8% compared to 2024. Overall, domestic travel fell 3% during the quarter, but there were clear geographical differences. June was the first month of a year with positive domestic travel trends, with the strongest improvements at Swedavia and Getebo Grandbetter airports in northern Sweden.
Second quarter
Net revenue for the second quarter was SEK 1,789 million (1,674). This is an increase of SEK 115 million compared to 2024. Operating profit has improved to an additional 178 million SEK. In the second quarter, Swedavia again reported a pre-tax profit of SEK 109 million (96).
The range of routes available for this summer's program has been expanded, with 21 new routes added. Arlanda has introduced 15 new routes, seven of which are brand new destinations. Landvetter is also expanding, with six new routes. United returned in June with seasonal service to New York. Air Canada has resumed service to Toronto. Together with Delta and SAS, this offers a powerful North American offering. In early July, North Atlantic announced it had invested in Arlanda since December and continued to add Phuket to its route network.
In the long run, air travel trends look positive. Swedavia's updated long-term forecast shows an annual increase in air travel of 2.9%. This is a slightly higher increase than previously forecast. This is due to high expectations for GDP, slightly lower additional green transition costs than previous forecasts, and a reduced attenuation effect on demand. The air tax will be abolished mid-year, and is expected to contribute to strengthening traffic growth over time.
Punctuality for departing flights remains at a high level, just over 84%, 4% points better than last year. Passenger satisfaction continues to increase. This is the result of strong operational delivery and investments, including Arlanda's new market and new security management, which over 97.6% of passengers passed within 10 minutes in June.
Arlanda is important for Sweden's connections. In early June, the Arlanda Coordinator's final report was presented, including some important proposals to strengthen Arlanda. At the same time, the government has launched a new investigation into the future role of the state as airport owners, including reviews of national basic infrastructure and the functions of Broma Stockholm Airport. Results will be reported by the latest September 2026.
Investments at Arlanda continue. SkyCity's passenger boarding bridge and modernization of position is as planned. The new market was completed in June. It was named “Commercial Space of 2025” by Nordic commercial spaces and communities in May.
Visby Airport, Åreöstersund and Kiruna Airports have achieved Airport Carbon Certification Level 5, the highest international certification in accordance with climate transition criteria at airports around the world. This has made Swedavia a world leader, with seven of the 10 airports accredited at the highest level. Three other airports in Swedavia are working to reach level 5 by 2026.
Swedavia is actively working to stimulate demand for sustainable aviation fuels (SAF). One important initiative is for the company to sourise sustainable aviation fuel annually for its business trips. This is being repeated again this year. This procurement will not only allow for more sustainable travel within Swedavia, but also create a platform for other companies and organizations to reduce carbon footprint.
Swedavia AB (Publ) is required to disclose information in this interim report under the EU Market Abuse Regulations and Securities Market Law. This information was provided by the following contacts for publication at CEST on July 17, 2025 at 1pm:
For more information, contact Ellen Laurin, Associate Head of Strategic Media Communications and Media Relations at Swedavia, or Swedavia's Press Office at Tel. +46(0)10-109 01 00 or press@swedavia.se.
The Swedavia Group owns, operates and develops 10 airports across Sweden. Our role is to create the connectivity Sweden needs to promote travel, business and meetings. Safe and satisfied passengers are the foundation of Swedavia's business. Swedavia is the world's leader in developing airports with the least environmental impact. Since 2020, Swedavia's own airport operation has been fossil-free at all 10 airports. In 2024, the group had approximately 6.49 billion sales and had approximately 2,750 employees.
Source: Cision
