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Flughafen Zürich posts profit of CHF 143.4 million for first half of 2019

Flughafen Zürich has reported a profit of CHF 143.4 million for the first half of 2019. After adjusting the one-off effect for additional provisions for sound insulation measures in 2018, profit rose by CHF 13.1 million (+10.1%).

Between January and June 2019, 14.9 million passengers used Zurich Airport as their departure, transfer or destination airport, representing an increase of 2.4% over the prior-year period. The number of local passengers rose by 1.1%, while transfer passengers recorded an increase of 5.7%. As a result, the proportion of transfer passengers went up from 28.4% to 29.3% compared with the prior-year period. Markets in all regions performed well. While the European market grew by 0.4%, the number of passengers heading for intercontinental destinations increased by 8.4%.

The number of flight movements climbed by 0.9% to 135,871 take-offs and landings in the first half of 2019. The seat load factor per flight movement fell from 76.7% to 75.9%, while the average number of passengers per flight movement (scheduled and charter) remained stable at 125 passengers. Compared with the prior-year period, the volume of freight handled at Zurich Airport fell by 7.5% to 226,003 tons.

Revenue grew by 8.8% compared with the first half of 2018 to CHF 588.0 million. In line with the growth in traffic, aviation revenue rose by 2.1% to CHF 315.4 million. Non-aviation revenue increased by 17.9% to CHF 272.6 million. (US$1.00 = CHF0.98 at time of publication.)

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