Zurich Airport (ZRH) welcomed 32.6 million passengers in 2025, a 4.5% increase from the previous year and the highest annual volume in its history. Peak daily numbers exceeded 120,000 during summer and autumn holidays, driven by strong demand on European and long-haul routes.
Lukas Brosi, Chief Executive of Zurich Airport Ltd, noted that the growth positively impacted all business divisions. Demand for air travel rose last year, enabling the airport to serve more passengers than ever before, he said.
Total revenue reached CHF 1.36 billion, up 3% year-on-year. Aviation revenue grew 5% to CHF 709 million, while non-aviation revenue hit CHF 652 million, with a 2% increase after adjusting for construction income. Operating costs rose 1% to CHF 599 million, and adjusted EBITDA increased 4% to CHF 762 million.
Kevin Fleck, Chief Financial Officer, highlighted the solid balance sheet with low debt, providing flexibility for infrastructure investments. Commercial and parking revenue edged up to CHF 277 million despite retail space reductions from construction, and real estate hit a record CHF 198 million, boosted by The Circle complex.
International operations grew 10% to CHF 114 million excluding construction revenue, with airports outside Switzerland handling 16 million passengers, up from 14.6 million. Infrastructure investment surged to CHF 716 million, including over CHF 503 million at Zurich for Dock A replacement, baggage systems, landside areas, and a new cargo building.