SWISS’ financials that were revealed this week show a continuation of positive development that has been taking place on a post-pandemic basis.
The carrier improved its first-half operating result to CHF 338.3 million from CHF 67 million in the same period last year.
On top of this, the airline handled 7.5m passengers in the first six months of this year, which is up 41% compared to last year.
SWISS CFO: Stars Are Now Aligned…
Commenting on the overall results, which include first-half revenues increasing to 2.5bn CHF from 1.2bn CHF, was Markus Binkert, the CFO of SWISS:
“After the extremely challenging years of the corona pandemic, the stars are now aligned for us more favorably than ever”.
“Like the rest of the airline sector, we benefited from the fact that people’s desire to fly remained substantially higher than the capacities currently available.”
“This first-half operating result is one of the strongest we have ever achieved,”
“And it confirms to us that we now have the corona pandemic firmly behind us and have laid ourselves a sound financial foundation from which we can meet and master the uncertainties ahead.”
“Because our environment is still volatile, and the risks are still numerous.”
Adding to this was SWISS CEO Dieter Vranckx:
“We have set ourselves the goal of being one of Europe’s leading airlines”.
“In achieving a first-half operating result that is five times higher than last year’s, we have shown that we’re well on track in financial terms.”
“At the same time, we will continue to invest extensively in making our flight operations more sustainable, in further enhancing our customers’ air travel experience and in our employees.”
What remains clear is that the stars are most definitely aligning for SWISS, and the trajectory is up from here.
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