Swedavia 2024 Annual Report Highlights Growth & Sustainability

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.

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 SEK 135 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.