Zurich-Kloten Airport recorded a loss of 2021 million Swiss francs in the first half of 45,1. This has slipped deeper into the red, because in the same period of the previous year the minus was reported at 27,5 million Swiss francs.

From January to June 2021, around 2,1 million passengers used Zurich Airport as a point of departure, transfer or destination for their flight, which corresponds to a decrease of 60,5 percent compared to the same period in the previous year. Compared to the first half of 2019, the number of passengers fell by as much as 85,9 percent. The number of flight movements decreased by 2021 percent to 31,9 take-offs and landings in the first half of 41.123. Only the number of cargo flights increased (+18,6 percent), which also had a positive effect on the volume of cargo handled compared to the first half of 2020 (+25,1 percent to 180.788 tons).

Total income in the first six months of 2021 was 2020 percent lower than in the first half of 15,1 at CHF 263,6 million, compared to 2019 it is even -55,2 percent. In particular, aviation income was reduced, which only made up 25 percent of total income, while before Corona it was around 55 percent.

Operating costs fell year-on-year by 16,6 percent to CHF 171,4 million, despite a high proportion of fixed costs. Compared to 2019, the adjusted cost base decreased by 30,4 percent. The savings are mainly due to lower staff costs as a result of short-time working, lower police and security costs and other general cost reductions.

Earnings before interest, taxes, depreciation and amortization (EBITDA) fell year-on-year by 12,1 percent to CHF 92,2 million. Compared to 2019, EBITDA is 69,6 percent lower.

This resulted in a loss of CHF 2021 million in the first half of 45,1.In the same period of the previous year, there was also a loss of CHF 27,5 million, while a profit of CHF 2019 million was achieved in 143,4.

“Despite higher debt, Flughafen Zürich AG will continue to weather the crisis on its own thanks to a high level of self-financing and adequate reserves as well as a diversified business model. The cost and investment reductions that have been taken are having an effect and the company's liquidity is secured, ”said Lukas Brosi, CFO of Flughafen Zürich AG.