SWISS posts record passenger volume for 2016

Image
ANI New Delhi [India]
Last Updated : Jan 11 2017 | 9:07 PM IST

Swiss International Air Lines (SWISS) transported 16,517,559 passengers in 2016, a 1.3 percent increase on 2015, which had itself been a record year in passenger volume terms.

A total of 145,868 flights were operated system-wide in 2016, some 0.5 percent more than the previous year. Of these, 127,055 (up 0.3 percent) were within Europe and 18,813 (up 2.1 percent) were on intercontinental routes.

Annual system-wide capacity was raised 6.6 percent in available seat-kilometre (ASK) terms. Annual traffic volume, measured in revenue passenger-kilometre (RPKs), was up 4.0 percent. On its European network SWISS raised its ASK capacity by 2.6 percent, while its RPK traffic volumes saw a 0.2 percent decline. On its intercontinental services ASK capacity was raised by 8.5 percent, while RPK volumes were a 5.7 percent increase on the previous year.

Seat load factor for SWISS' European services amounted to 76.4 percent for 2016, down 2.1 percentage points. Seat load factor for SWISS's intercontinental services declined 2.2 percentage points to 83.4 percent. Systemwide seat load factor for 2016 amounted to 81.3 percent, a 2.1-percentage-point year-on-year decline.

The airfreight business of Swiss WorldCargo achieved a cargo load factor (by volume) of 75.2 percent for 2016, a slight 0.7 percentage points below its prior-year level. Annual cargo sales, by contrast, were raised 7.1 percent in revenue tonne-kilometre terms.

SWISS will publish its 2016 financial results on March 16, 2017.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 11 2017 | 8:52 PM IST

Next Story