After record sales in 2024, Swiss International Air Lines (SWISS) saw numbers fall again last year. Turnover dropped by 2.6% to CHF5.5 billion ($7 billion), the airline said on Friday. +Get the most important news from Switzerland in your inbox Operating profit plummeted by 26.6% to CHF502.2 million. "High competitive pressure, volatile demand and rising fees and maintenance costs have left their mark on our result," explained CFO Dennis Weber in the press release. The cargo business also fell short of the previous year's level, as SWISS was affected to an above-average extent by geopolitical uncertainties. On the other hand, lower fuel prices were a relief and supported the result. Aircraft on the ground The airline also had to contend with operational bottlenecks. "Specifically, SWISS lacked both available engines and crews. As a result, aircraft were grounded for longer than planned or could not be deployed as planned," it said. As a result, the airline was only partially able ...
