Quantcast

SWISS reports robust financial results for 2024 with record revenues

Tycoon unveils £25 billion rival Heathrow expansion plan
Proposals for commercial planes to operate with one pilot shelved after critical EU report
Air Travel Fatalities Up 300% in 2024, According to Shocking Global Report
Boeing Halts Strike Talks Amid $36 Billion Deal & Union Dispute
FAA’s Broader Runway Safety Push Builds on EMAS Legacy
Ryanair CEO says aviation sustainability targets are 'dying a death'
US FAA funds system to prevent accidents involving runaway airplanes
Exclusive: Korean Air makes airline's biggest-ever Boeing jet order amid Trump-Lee summit
Boeing Stock Jumps on Massive Korean Air Order
FAA EMAS: Proven Safety Wins Since 1996
Air Canada flight attendants try to build on US gains on unpaid work
Cathay Pacific warns of declining fares and cargo uncertainty, shares fall
Clear intentions, cloudy path: aviation's ongoing ESG challenge
Turkish Airlines is preparing binding offer for Spain's Air Europa, executive says
Air Canada flight attendants approve strike mandate
US criticizes use of AI to personalize airline ticket prices, would investigate
Ethiopian Airlines' annual revenue rises as it draws more passengers, adds routes
Major strike action to hit 12 Spanish airports that have Ryanair flights
JetBlue, United partnership gets go-ahead from U.S. Transportation Department
United-JetBlue partnership gets US DOT approval
Air India Warned Over Crew Fatigue and Training Failures Following Fatal Crash
Heathrow Chief Defends £50–60 billion Third Runway Amid Rising Costs Debate
New UK airline with cheap US fares is ‘parked’ after just TWO flights – with people fearing it’s been scrapped for good
US carriers shamed in surprising new list of the world’s ‘cleanest’ airlines
Air Force Pilot Wasn't Alerted to Collision Course with Passenger Jet Before Scary Near Miss, Says Official
Transportation Secretary Sean Duffy may deny flights from Mexico over broken aviation agreement
Plane Makes Emergency Landing After ‘Unruly’ Passenger Attempts to Open Exit Door Mid-Flight
American Airlines Launches Ultra‑Long‑Haul DFW–Manila Flights
Thousands of flights canceled or delayed across America's busiest airports
Summer flight delays to be 'worst ever' this year - what to do if affected
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

Flying Food Group, Inc. has announced the recipients of its 2025 scholarships, with all five applicants receiving awards this year.

Oct 23, 2025

Dnata, a global provider of air and travel services, has entered into a joint venture with Azerbaijan’s Silk Way Group to launch ground handling and cargo operations at Alat International Airport, located in the Alat Free Economic Zone in Baku.

Oct 22, 2025

Delta Air Lines has announced the release of version 7.5 of its mobile app, introducing new features aimed at making travel planning and management easier for customers during the holiday season.

Oct 22, 2025

The Fair Work Commission has ruled that a former employee of dnata Airport Services was unfairly dismissed and awarded $36,468.39 in compensation.

Oct 22, 2025

The 13th Annual Breast Care International Walk for the Cure took place in Kumasi, Ghana, drawing around 30,000 participants, including survivors, healthcare professionals, students, traditional leaders, and advocates.

Oct 22, 2025

The Los Angeles International Airport (LAX) has announced the closure of Terminal 5 to allow for a significant redevelopment.

Oct 22, 2025