The airport’s annual report and balance sheet for the financial year 2012 were unveiled on 22 April 2013. The solid nature of the corporate business model is confirmed by the airport’s encouraging financial performance year on year.
With a turnover of CHF 364 million (5.62% higher than 2011) and a profit of CHF 66.5 million (an increase of 2.94% on 2011), the airport continues to assert itself as Switzerland’s gateway to the globe.
The airport continues to rival comparable European and Swiss airports in terms of business growth year on year. With 124 destinations served by 54 airlines, and serving 13.9 million passengers (up 5.9% on 2011), the airport offers one of Europe’s densest air networks.
Initial projections for the first quarter of 2013 show encouraging signs that the airport will continue this positive growth in 2013 as new routes are added to its network. With a 45% increase in capital investment to CHF 97.6 million, major improvements are being made to the airport’s east wing, which will see facilities upgraded to further accommodate long-haul flights. The value of this investment has already been shown with the introduction of an Air China flight to Beijing (as of 7 May 2013). This prestigious route opens up enormous possibilities for the region not only for the tourism sector, which has seen double-digit growth in Chinese tourism in recent years, but also for the cargo sector.
National airline SWISS is also contributing to the airport's network expansion adding twice weekly flights Corsica from 29 June to 7 September 2013.
All in all the results confirm Geneva Airport to be an important driving force in terms of economy, tourism and cultural influence as well as political and economic activity.
Source:www.gva.ch
