2002, a good year


The management of Geneva International Airport announces :

On Tuesday 27 May 2003, when they presented the 2002 Annual Report of Geneva International Airport to the press, Carlo Lamprecht, State Councillor and Chairman of the Management Board of Geneva International Airport, and Jean-Pierre Jobin, General Manager, emphasised that despite a difficult economic environment, particularly in air transport, the past year could be described as a good one for Geneva International Airport.

Rise in passenger traffic

While most European airports were experiencing a fall in passenger traffic - and a very marked drop at other Swiss airports - Geneva International Airport had welcomed one percent more passengers than in 2001. What was more, not only had it been possible to maintain the number of destinations served, but new intercontinental destinations had been opened up, especially Bangkok via Thai Airways. Swiss, the Swiss national airline, had been able to maintain the main elements of its network from Geneva despite its difficulties, while the low-cost carrier easyJet, which had opened a connection to Paris, had become the second airline in terms of passenger volume.

Healthy financial situation

By showing a net profit of 25.7 million francs, the same as in 2001 but higher than had been predicted, Geneva International Airport had demonstrated once again that it was a healthy business whose revenue structure and cost control had enabled it to make it through turbulent times. Because of that situation, none of the major investments needed to upgrade the airport installations had been threatened, and the building work on the new front departure lounges had continued normally. Two aircraft positions and two departure lounges would be put into service as planned on 30 June of this year, so as to ensure the high quality of service to passengers, particularly during TELECOM in October.