Home Company updates SWISS Announces 2012 Financial Results

SWISS Announces 2012 Financial Results

by GTP editing team
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HB-JMH - 29 - 1Swiss International Air Lines generated total income from operating activities of CHF 5,033 million in 2012, a two percent increase on the previous year (2011: CHF 4,927 million). But with the market environment still difficult, operating profit for the year fell 31 percent to CHF 212 million (2011: CHF 306 million).

The CHF 27 million operating profit for the fourth quarter of 2012 was, however, an improvement on the CHF 18 million of the prior-year period.

SWISS has also announced that its Airbus A340 fleet will be phased out from 2016 onwards. To this end, orders have been placed with Boeing for six Boeing B 777-300ER aircraft.

In addition, SWISS set a new Swiss aviation record in 2012 for the annual number of passengers carried. Some 15,816,469 customers traveled with the airline, 3.3 percent more than the previous year (2011: 15,317,275 passengers).

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