Quantcast

SWISS reports robust financial results for 2024 with record revenues

Airline Stocks To Keep An Eye On - April 28th
Report: JetBlue, United Mulling Partnership
New First-Class Suites, Futuristic Aircraft and the Top Air Travel News From April 2025
Southwest Airlines Announces Reimagined Fare Products, New Benefits for Rapid Rewards Credit Cardmembers and Tier Member Customers
United CEO calls Trump's tariffs a 'chess game'
Flight tickets from Srinagar remain exorbitantly high despite aviation ministry request
RTX Q1 Earnings & Sales Beat Estimates, Increase Year Over Year
Delta faces federal investigation as it scraps hundreds of flights for fifth straight day
Coalition pledges to remove EV tax break two days after Dutton ruled out scrapping it – as it happened
Adani’s airport unit seeks $750 million loan from global banks
GE Aerospace affirms outlook; CEO met with Trump to discuss tariffs
Flight made emergency landing in Denver after reported animal strike and engine fire
General Dynamics says G800 jet receives FAA, EASA certifications
Archer unveils plans for NYC air-taxi network in partnership with United Airlines
United Airlines doubles down on Chicago roots with new O'Hare billboards
ICAO Proposes ‘Journey Pass’ Biometric ID Boarding
Gatwick airport strikes, Easter 2025: will my flight be cancelled?
Boarding passes and check-in could be scrapped in air travel shake-up
European air traffic warning means summer delays for holidaymakers
The EU rule change that could affect millions of Brits when their flight is delayed or cancelled
Delta Earnings Land Soon. Why They’re Key for Airline Stocks and the Economy.
Avelo Airlines to Operate Deportation Flights, Hiring Flight Attendants
Travel chaos 2025: all the strikes and disruption expected across Europe
Qatar Airways accelerates Starlink wifi implementation
Southwest Airlines extends flight schedule through early April 2025
Cathay Pacific reaches 3,400 pilots this year, with low resignation rate of 2.9%
Qatar Airways Nears Boeing 777 Fleet-Wide Starlink Upgrade
United receives FAA approval for first Starlink-equipped planes
50 New Routes Launching In April 2025
Qantas launches mammoth Asia flight sale including Bali and Japan
SWISS reports robust financial results for 2024 with record revenues
Policy
Webp o63cjf7x3wz2mbmamar2yvf4xhf6
Doris Russi Schurter Member | Swiss International Air Lines

Swiss International Air Lines (SWISS) has reported an operating result of CHF 684 million for the 2024 financial year, marking its second-best annual earnings in corporate history. The company's total revenues for the year reached CHF 5.6 billion, a six percent increase from 2023 and a new record high. SWISS also welcomed approximately 18 million travelers aboard last year, representing a 9.2 percent increase over the prior-year period.

"As our 2024 results clearly confirm, our company is strong, stable and financially sound," said SWISS CEO Jens Fehlinger. "This highly favorable operating result is the product of superb teamwork by all our employees. "

The airline's profitability remains solid with an Adjusted EBIT margin of 12.1 percent for the year. However, this figure represents a decline of 1.4 percentage points compared to the previous year.

Get the Newsletter
Sign-up to receive weekly round up of news from Sky Industry News
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

"Our strong earnings benefit our customers too," Fehlinger added. "We'll be investing some CHF 1 billion annually over the next five years in providing a top-notch air travel experience both in the air and on the ground while also investing in sustainability. "

SWISS operated over nine percent more flights in 2024 than in the previous year and transported more passengers overall. Despite challenges such as air traffic control resource shortages and geopolitical developments, average punctuality improved to65 per cent , up four percentage points from last year.

"Our various actions to raise our punctuality and reduce irregularities are showing their first successes," said SWISS Chief Operating Officer Oliver Buchhofer. "At the same time, we still had too many disruptions over course of last year. "

One key highlight for 2025 will be arrival summer first SWISS Airbus A350, currently undergoing final assembly at Toulouse factory preparations ahead full swing pilots cabin crew technical personnel undergoing requisite training

"2025 is shaping up landmark company," says SWISS Chief Commercial Officer Heike Birlenbach "We're making substantial investments deliver host innovations customers aware long wait improvements urgently required these should now seen felt from week onwards "

The new 'SWISS Senses' concept will gradually adopted long-haul services course present offering range product service features designed appeal senses eyes ears nose taste touch innovations extend newly devised cabin design modern seating all four travel classes along expanded inflight food beverages bedding items reusable tableware Economy Plus Alpine Valley signature scent available various forms hand lotion refresher towels

Swiss WorldCargo division enlarged service offer expansion route network Seoul enabled cargo markets served helping strengthen Switzerland connections world trade network Swiss WorldCargo transported around305000 tonnes airfreight lastyear14-per-cent increase focus high-value consignments continued reap rewards special cargo precious metals banknotes pharmaceutical products accounted over50 per cent business

In summary despite slight decline earnings due increased market capacity longer aircraft downtimes high cost pressures non-recurring items positively impacting revenue development SWISS remains strong stable committed future investments innovation excellence sustainability transporting approximately18 million passengers operating142000 flights achieving seat load factor841 per cent

Organizations Included in this History
More News

Ethiopian Airlines has announced the expansion of its cargo network in Asia with the introduction of a new route to Urumqi, China.

Jun 30, 2025

The United States Air Force remains the largest operator of the Lockheed Martin F-35 Lightning II fighter jet.

Jun 29, 2025

The Brazilian aviation regulatory authority, ANAC, has ordered the permanent closure of Voepass Linhas Aéreas.

Jun 29, 2025

Europe's airline market may soon experience a significant shift as the European Union moves to prohibit airlines from charging passengers extra for hand luggage.

Jun 29, 2025

On June 13, 2025, it was reported that Airbus is set to begin flight tests for two new variants of its popular wide-body jet, the Airbus A350.

Jun 29, 2025

The integration of ITA Airways into the Lufthansa Group marks a significant development in European commercial aviation.

Jun 29, 2025