Zurich Airport posts full-year 2019 profit of CHF 309 million

Zurich Airport ©AirTeamImages

Flughafen Zürich AG has reported an encouraging result in 2019. In the reporting period, Flughafen Zürich AG’s revenue increased by 5.0% to CHF 1.2 billion. The airport operator posted a profit of CHF 309.1 million. Additional provisions (CHF 45.8 million after taxes) for sound insulation measures in the previous year depressed the result for 2018. When adjusted for this one-off effect, profit was lifted year-on-year by CHF 25.5 million or 9.0%.

A total of 31,507,692 passengers traveled via Zurich Airport in 2019, a year-on-year increase of 1.3%. The number of local passengers rose moderately by 0.1% to 22.2 million. The number of passengers transferring at Zurich Airport increased by 4.2% to 9.2 million. At 29.3%, the share of transfer passengers was above the previous year’s figure (+0.9 percentage points). Flight movements totaled 275,329 in 2019, down 1.1% from the prior-year period. A total of 451,827 tons of freight were transported via Zurich Airport. The freight volume thus declined by 8.4% over the previous year. (US$1.00 = CHF 0.94 at time of publication.)

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