Unique Flughafen Zurich sees negative figures across the board

Switzerland’s Unique Flughafen Zurich published its financial report for 1H2009, the period ending 30-Jun-09. Revenue was down by 6.8% and EBITDA by 16.9%. Zurich Airport has experienced the same difficulties as other primary gateway/hub airports in Europe in a difficult first half year but a particular impact here on revenues was the splitting of noise charges with the local canton (administrative authority). The management still feels able to report a ‘positive’ result for the period, with a profit. [810 words]

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This report contains the following subheadings:

• Profit reduces by 41%
• Only Aer Lingus and easyJet growing in LCC segment

This report contains the following charts and tables:

• Financial highlights for the six months ended 30-Jun-09 (all monetary figures EUR million)
• Chart 1: Zurich Airport passenger number growth and cargo volume growth: 2005 to 1H09
• Chart 2: Zurich Airport pax growth, revenue growth and EBITDA growth: 2005 to 1H2009
• Chart 3: Zurich Airport EBITDA and EBITDA margin: 2004 to 1H09