Zurich Airport Ltd.: a successful first half of 2025 Dienstag, 26. August 2025 - 07:08

In the first half of 2025, revenue amounted to CHF 640.7 million, an increase of 2% compared to the same period in the previous year. Aviation revenue grew by 4% to CHF 327.3 million, while non-aviation revenue decreased by 1% to CHF 313.4 million. At the same time, operating expenses fell by 1% to CHF 281.8 million due to lower electricity procurement costs.

Earnings before interest, taxes, depreciation and amortisation (EBITDA) increased by 3% over the prior-year period to CHF 358.8 million. The positive consolidated result of CHF 161.3 million (first half of 2024: CHF 151.8 million) confirms the positive trend – an increase of 6%.

In the first half of 2025, a total of 14,959,852 passengers flew into or out of Zurich Airport. This represents an increase of 3% over the prior-year period and is also the strongest first half-year in terms of number of passengers in the history of the airport. On peak days, passenger numbers exceeded 110,000. The volume of freight handled climbed to 219,410 tonnes (+2% compared to the first half of 2024). In the summer 2025 timetable, 63 airlines are flying to a total of 206 destinations from Zurich Airport, marking a slight increase over the prior year’s summer timetable.

Commercial and parking revenue remained slightly below the prior year’s level in the first half of 2025 and declined by 1% to CHF 132.2 million. The main reason for this was the reduction in retail activity in Airport Shopping on the landside due to ongoing construction work.

Real estate revenue, on the other hand, was marginally higher than the prior-year period and amounted to CHF 98.4 million. While rental revenue continued to rise, energy and ancillary cost settlements decreased. This decline, which was expected, was due to the lower procurement costs for electricity, which can be passed on to tenants.

In the first half of 2025, Zurich Airport Ltd. invested a total of CHF 422.9 million (prior-year period: CHF 275.4 million) in property, plant and equipment and projects, of which CHF 307.4 million was attributable to the Zurich site (prior-year period: CHF 117.0 million). This includes the acquisition of the Radisson Blu building for CHF 155.0 million.

The single biggest project at the Zurich site is the replacement of Dock A, including the tower and dock base. Initial preparatory work has already begun.

Construction work is also progressing in other areas within the airport perimeter, including the refurbishment of the baggage sorting system. Following central commissioning in 2024, the work in the first half of 2025 focused on replacing the connection to Dock E. Completion is scheduled for 2027.

At the same time, the landside passenger infrastructure is also being developed. The aim is to optimise passenger routes, separate them from goods logistics and create additional space for retail and gastronomy. 

The Rächtenwisen cargo hangar is currently under construction in the east of the airport. A new terminal for business and general aviation is also planned in Zone West.

In terms of sustainability, Zurich Airport Ltd. is actively pursuing its goal of achieving net zero greenhouse gas emissions by 2040. Key projects include the construction of an energy centre, ground-breaking ceremony for which took place recently, as well as the use of an ice-age channel for seasonal energy storage – a pioneering project that is already showing tangible progress with the successful construction of the first test well.

Innovation is also being pursued further at the airport: autonomous shuttle buses are being used for employees and the boarding process has been made more efficient. Since spring 2025, 17 autonomous robots have been providing support in facility cleaning. A smart cleaning system with over 400 sensors is also improving quality.

Revenue from foreign business rose significantly by 14% to CHF 56.3 million in the first half of the year – adjusted for effects that did not impact on income.

The largest international project, the construction of Noida International Airport near Delhi, is on the finishing straight. The operating licence and provisional fees are expected in the coming weeks – two key prerequisites for the start of operations.

In Brazil, Florianópolis Airport was once again named the country’s best airport in the first half of 2025 and is one of Brazil’s fastest-growing airports. Together with Vitória and Macaé Airports, it also achieved the second-highest level of the Airport Carbon Accreditation from the international airport association ACI. All three airports are therefore among the first in South America to receive this award in connection with a certified net zero strategy.

Another important project was completed in Macaé, where the new runway entered operation in June.

Driven by a continuing rise in demand, Zurich Airport Ltd. performed favourably in the first half of 2025. For the entire year 2025, passenger traffic at the Zurich site is expected to reach around 32 million passengers, corresponding to growth of 2.5%.

Zurich Airport Ltd. is making an important contribution to more sustainable, needs-oriented and high-quality mobility for the Swiss economy thanks to continuous investment and innovation.

Publication Half Year Results 2025