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SWISS has reported a CHF 3 million operating result for the first quarter of 2025, compared to CHF 31 million in the same period last year. The decline is attributed to Easter falling in the second quarter this year instead of the first, coupled with rising costs. However, strong cargo business and lower fuel prices helped offset some of these impacts. SWISS is preparing for the summer peak travel season with an emphasis on stability and customer satisfaction.
The company achieved adjusted earnings before interest and taxes of CHF 3 million for the first quarter, with revenues totaling CHF 1.22 billion, marking a 2% increase over the previous year. "Our first-quarter earnings were in line with our expectations," stated SWISS Chief Financial Officer Dennis Weber, noting the impact of calendar shifts such as Easter.
Demand remained strong despite an expanded flight program lowering average seat load factors. Rising costs, especially in personnel and air navigation services, further affected earnings. Nevertheless, cargo business and lower-than-expected fuel prices provided a boost.
