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Report by the board 2004

THE OUTLOOK FOR 2005

The change in the domestic air traffic trend that occurred at the end of 2004 poses a challenge for the CAA in 2005. The CAA has made its calculations for 2005 on the basis of a 3 % growth in passenger numbers. International commercial aviation operations are estimated to expand by 3 %, whereas a slight downturn is expected in domestic traffic.

If air traffic is able to grow without any major international crises the CAA’s business profit should improve by roughly the same amount as the one-time costs that encumbered the result for 2004, and should reach the 19.1 million euro profit target set for the organisation for 2005. There are no plans to raise charges. Achievement of this profit target will safeguard the financing for the healthy maintenance and development of the aviation infrastructure.