SWITZERLAND. Zürich Airport posted a -8.8% year-on-year fall in commercial turnover (net sales of retail and food & beverage to consumers) in May to CHF39.5 million (US$46.9 million), despite a +6.4% increase in passengers to 2,104,190.
Turnover per departing passenger in May was CHF37.50 (US$44.52), -14.3% lower than in the same month last year. For the first five months of 2011, total turnover fell -1.2% to CHF189.1 million (US$224.48 million) and turnover per departing passenger decreased by -9.8% to CHF40.6 (US$48.20).
Patrick Graf, Head Marketing Retail & Services, told The Moodie Report: “Despite strong passenger numbers, the commercial business is still suffering because of ongoing construction related to various projects and a too-strong Swiss Franc. I do hope that we can deliver better figures by the end of July when both Arrival duty free shops will have been opened.”
For the year to date passenger growth stands at +9.6%.
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O&D or local passengers (originating or departing from Zürich) increased by +5.8% to 1,398,653 compared to the previous May (+10.3% year to date). Transfer passengers rose +7.6% to 697,412 in May (+8.3% year to date). The transfer rate, which was at 32.9% last May, stood at 33.2% in May, 2011 (YTD 34.8%).
The low cost passenger market share reached 11.6% in May (year to date 10.8%), showing an increase in passenger figures of +10.3% (year to date +14.7%) versus the previous year. That rise could partly explain the drop in sales per passenger.
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