Geneva International Airport successfully absorbed the effects of the 2009 crisis


02.02.2010

In 2009, 11'324'141 passengers passed through Geneva International Airport (GVA) (a figure down by 1.73% compared with 2008). The airport recorded 172'671 movements (- 9.18% compared with 2008). The total volume of commercial cargo, at 52'279 tonnes, fell by 4.8%.
These values are all slightly below those of 2008, the year during which all records were beaten in terms of traffic, movements, turnover, profits and investment. The trend during the last half, however, offers very reassuring prospects.

In 2009, the airline industry went through one of the worst crisis it has ever known. The first effects of the depression were felt in the last quarter of 2008. The annus horribilis of the air transport sector was reflected in a slight decline in traffic at Geneva International Airport, which nevertheless lost less than 200'000 passengers over the year.
The decline in movements (take offs and landings) was moderate in the field of commercial aviation (-6.23 for scheduled airlines, -1.39% for charters). The overall figure of -9.18% for all movements is explained by the severe downturn that affected business aviation (down by more than 15%).
After an alarming start to the year, air cargo volume ended the year with a satisfactory result.
The final results for 2009 represent a slight decrease in absolute value of the growth GVA has been showing for years.

Closer analysis of these figures, however, opens the way for some optimistic projections.
First, the 2009 decline has to be seen relative to the excellent results of 2008, and the results were still above the good figures for 2007.
Also, from July 2009 onwards, traffic grew steadily at Geneva International Airport (GVA) compared with 2008. In December, the number of passengers even increased by 4.6% compared with last year.
Initial projections allow expectations of 2% growth in 2010.