Excellent results in 2012 for Genève Aéroport


22.04.2013

Genève Aéroport’s financial year 2012 closed with a turnover of 364 million francs and profits of 66.5 million, confirming continuous growth served by the dynamism of the region and based on a solid model.

On Monday 22 April 2013, Isabel Rochat, Chair of the Board, and Robert Deillon, General Manager of Genève Aéroport, unveiled the airport’s annual report and balance sheet for 2012.
With 124 destinations served by 54 airlines, Genève Aéroport continues to offer one of Europe’s densest air networks for the size of its catchment area.
Some 13.9 millions passengers transited through the airport in the course of 2012 - 5.9% more than in 2011.

In the end, the accounts of the government-owned corporation were closed on a turnover of 364 million francs (5.62% higher than in 2011), enabling the airport to generate profits of 66.5 million francs (up 2.94%), half of which will be paid to the State of Geneva.
The increase in the number of passengers helped to counter the effects of the high value of the Swiss franc on the purchasing power of customers from abroad and thus limited the impact on trading charges.
Genève Aéroport’s earnings balance is still more or less stable, with 51.3% coming from aviation income (landing fees, passenger levies, etc.) and 48.7% from non-aviation income (business charges, rents, car parks, etc.).

Investments rose to 97.6 million francs (up 45%). This major effort will continue in coming years, in particular through the major works on the East Wing, which will make it possible to modernise the existing facilities dedicated to accommodating jumbo flights. It should be noted that the traffic growth to which Genève Aéroport will have to respond will inevitably require major works in coming years.

The 2012 results are a snapshot where Genève Aéroport looks well-placed vis-à-vis the other Swiss airports, and also the European airports with which it can be compared.
A dynamic examination of these results in the continuum of previous financial years confirms the solid nature of Genève Aéroport’s business model and the relevance of its business and marketing positioning.
The initial projections made at the end of the first quarter of this year allow the hope that Genève Aéroport will experience further positive growth in 2013. The network served will be expanded in particular by a new long-haul destination, with the prestigious Geneva-Beijing route operated from 7 May 2013 by Air China.
The figures for 2012 also confirm the dynamism and good health of the huge cross-border catchment area of which Genève Aéroport is one of the most important driving forces in terms of the economy, tourism, and cultural influence, and also of political and diplomatic activity.