
Snapshot
| Headquarters: | Switzerland | |
| Website: | www.zurich-airport.com | |
| Key People: | Thomas E Kern | |
| Updates? | Email us! | |
Flughafen Zürich AG is owner and operator of Zürich Airport, Swizterland's busiest airport and the country's major intercontinental gateway. It was established in its present form on 01-Jan-2000 and is headquartered in Kloten. The company also operates airports abroad in collaboration with local partners.
Flughafen Zürich AG held a 17% stake in Bangalore International Airport Ltd. (BIAL) and sold down to 5% in 2009 in order to prepare for new investments in India with strategic partner GVK. It holds a contract with BIAL for the operation and management of the airport.
Flughafen Zürich AG, together with Brazilian Camargo Corrêa Group and Chilean Gestión e Ingeniería IDC S.A., created the Joint Venture A-port. A-port S.A. with domicile in São Paulo (Brazil) invests in airports as well as in airport related infrastructures in Latin America, whereas A-port Operaciones S.A. with domicile in Santiago (Chile) assumes operational responsibility based on management contracts. Flughafen Zürich AG is a minority shareholder with 15% interest in A-port S.A. and with 32.6% in A-port Operaciones S.A. The portfolio of A-port includes three Chilean Airports (O&M contract) four Hondurian Airports (TSA contract), El Dorado International Airport in Bogotá (TSA) and Curaçao International Airport, as well as Car Parkings in Brazil and Chile (Concession and / or TSA).
In January 2009, Flughafen Zürich AG acquired a stake in Curaçao’s Hato International Airport from Alterra Group through its joint venture A-Port. A-port acquired a 51% stake in Hato International Airport, located in the southwestern Carribbean and will be responsible for the management of Hato International Airport until 2033.
News Headlines
Swissport awarded Air Berlin contract at Zurich
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Copa transfers select Bogota and Punta Cana services to Copa Colombia
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Avianca to increase Bogota–Madrid frequency
Bengaluru International Airport pax and cargo down 2% in Mar-2012
Bangalore International Airport to construct second runway by 2016
Zurich Airport Apr-2012 commercial revenue up 7%
Zurich Airport pax up 4%, cargo down 1% in Apr-2012
Nuance Group plans to expand India operations in 2012
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CAPA Analysis
As A380 continues to be restricted in India, Lufthansa to deploy 747-8 to Delhi and Bangalore
Rapidly expanding Kenya Airways charts growth with plan to serve every inhabited continent by 2017
Vienna and Zurich airports’ real estate ambitions diverge
Kingfisher to join oneworld in Feb-2012 becoming first alliance-affiliated carrier in India/SAARC
Middle Eastern LCCs driving growth into Eastern Europe, Russia and CIS
India's domestic aviation market shows rapid growth in first half
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GVK Power raises stake in profitable Bengaluru Airport. Committed to domestic airport sector
New Swiss airline SkyWork aims for “metro-capital” airport success
European airlines ramp-up capacity to China
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Share Market Performance
HOCHTIEF projects pre-tax profit of EUR1bn this year
Schiphol Group revenue up 2.3% in 2010, cautious 2011 outlook
Iberia down on load factor slip, Turkish Airlines and Lufthansa also down; easyJet up marginally
GVK Power and Infrastructure shares gain 5.3%; JCDecaux and Dubai Airports enter 10 year contract
Gate Gourmet to acquire majority interest in Skygourmet; Abertis reports 6% revenue increase
Prague Airport pax fall by 2.4%; Frankfurt’s pretax profits to rise by an average of 10%
Fraport in talks to acquire 25% stake in Hunan Airport; ATC joins French general strike
French Government considers selling airports; Geneva Airport's traffic up 3.8% in Aug-2010
Flughafen Wien revenue up 3.5%; Munich Airport pax rise 11.1%
Zurich Airport reports 3.1% revenue increase; Aeroporto di Firenze shares down 3.2%
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