Zurich Airport Key traffic figures November 2023

In November 2023, 2,045,158 passengers passed through Zurich Airport, corresponding to an increase of 14% compared to last year. Passenger levels are 92% of those reached in November 2019. Read more: https://www.flughafen-zuerich.ch/newsroom/en/key-traffic-figures-november-2023/

Happy Holidays

We are wishing you all a happy holiday season. Thank you very much for your partnership and engagement during the last year. We wish you a relaxing joyful holiday season and look forward to a continued and successful collaboration in 2024.

Airlines Set to Earn 2.7% Net Profit Margin on Record Revenues in 2024

Geneva – The International Air Transport Association (IATA) announced strengthened profitability projections for airlines in 2023, which will then largely stabilize in 2024. However, net profitability at the global level is expected to be well below the cost of capital in both years. Very significant regional variations in financial performance remain.  Read more: https://go.updates.iata.org/webmail/123902/1612473891/221d7ebc3f1ee6bc107cfd68e20df831e51a57b600c5b807e5941c46823ece3d

Air Cargo Demand up 3.8% in October 

Geneva – The International Air Transport Association (IATA) released data for October 2023 global air cargo markets indicating the third consecutive month of stronger year-on-year demand. Global demand, measured in cargo tonne-kilometres (CTKs*), increased by 3.8% compared to October 2022. For international operations, the demand lagged slightly at 3.5%.  Capacity, measured in available cargo tonne-kilometres (ACTKs), … Read more

Updates on the EU Renewable Energy Directive (EU RED III)

The EU REDIII introduces a revised target of at least 42.5% renewable energy in the overall energy consumption in the EU across all sectors by 2030; up from 32% in EU REDII. It also includes notable changes to renewable fuel obligations in the transport sector, including aviation. The following outlines the most significant changes in … Read more