Annual Report of Flughafen Zürich AG

2017

Highlights 2017

March 16

Flughafen Zürich AG granted the concession for airport in Brazil

Flughafen Zürich AG wins the concession for the upgrade and operation of the international airport Hercílio Luz (IATA: FLN) in Florianópolis in the south of Brazil.

March 24
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THE CIRCLE foundation stone laid

Zurich Airport’s attractiveness as a destination is further strengthened by THE CIRCLE. The foundation stone laying ceremony on 24 March 2017 marked a real milestone.

April 28

New stands in Zone West

In “Zone West”, one of the largest development areas remaining at Zurich Airport, two stands for aircraft up to code E (e.g. Boeing 777) were created and came on stream in October 2017. At the end of April, plane spotters' hill was opened. This is a new, raised viewing platform which is located right next to the relocated airport fence and is over four metres high and offers an uninterrupted view of the airport.

June 07

Air China returns to ZRH

On 7 June 2017, Star Alliance member Air China returned to Zurich Airport. The airline offers four return flights a week on the Zurich-Beijing route.

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August 23

Sectoral Aviation Infrastructure Plan approved

On 23 August 2017, the Federal Office of Civil Aviation approved the revised Sectoral Aviation Infrastructure Plan. The amendments it includes, in particular the definition of new take-off routes and the option of extending runways 28 and 32 are crucial for the long-term development of Zurich Airport.

December 31

New passenger record

In 2017, the number of passengers flying via Zurich Airport exceeded 29.4 million for the first time – an increase of 6.3% compared with 2016.

Stephan Widrig, CHIEF EXECUTIVE OFFICER

“We look back on a successful financial year with stable flight operations and rising passenger volumes.”

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KEY FINANCIAL DATA

Revenue

1,037.1 +2.4% million

Ebitda

583.6 million Ebitda Margin 56.3%

Profit

285.5 million +15.1%

Return on invested
capital (ROIC)

8.1 % Previous year 8.4%
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Traffic figures

passengers

29,396,094

Flight movements

270,453

Freight (in tonnes)

490,452

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RESPONSIBILITY

In 20 years, Flughafen Zürich AG has reduced its CO2 emissions by 40%. In 2017, these amounted to 29,582 tonnes. The climate targets the airport has set for itself call for a further reduction to just 20,000 tonnes by 2030.

40% less
CO2

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Interview with Lukas Brosi, CFO

Chief Financial Officer Lukas Brosi on the 2017 results, strategic growth areas and a look ahead to the 2018 financial year.
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