Zurich Airport reports record passenger traffic and solid financial performance in 2025 while increasing investment in infrastructure and international airport projects.

Zurich Airport (ZRH) welcomed 32.6 million passengers in 2025, representing an increase of 4.5% compared with the previous year and marking the highest annual passenger volume in the airport’s history.
During peak travel periods in the summer and autumn holidays, daily passenger numbers exceeded 120,000 for the first time. The continued growth reflects strong demand for air travel across both European and long haul routes.
Lukas Brosi, Chief Executive of Zurich Airport Ltd, said the increase in passenger numbers supported strong performance across the airport’s business divisions.
“Demand for air travel increased again last year and had a positive impact on all of our divisions. We have never been able to serve as many passengers in a year as we did in 2025,” Brosi said.
The airport operator reported total revenue of CHF 1.36 billion for 2025, representing a 3% increase compared with the previous year. Aviation revenue rose by 5% to CHF 709 million, while non aviation revenue reached CHF 652 million. After adjusting for construction related income, non aviation activities recorded growth of 2%.
Operating costs increased by 1% to CHF 599 million, while adjusted operating costs excluding construction projects rose by 4%. Earnings before interest, taxes, depreciation and amortisation reached CHF 762 million, up 4% year on year.
Kevin Fleck, Chief Financial Officer at Zurich Airport Ltd, said the company’s financial position supports continued investment in infrastructure and strategic projects.
“The solid balance sheet with low debt gives us financial flexibility. It means we can make targeted investments in our infrastructure and expand our strategic business areas,” Fleck said.
Commercial and parking revenue increased slightly to CHF 277 million despite temporary reductions in retail space caused by construction work on landside passenger facilities. Real estate revenue reached a new record of CHF 198 million, supported by the continued growth of The Circle business and services complex located next to the airport.
International operations also recorded growth during the year. Excluding construction related revenue, international airport business generated CHF 114 million, representing an increase of 10%. A key project is the development of a new airport in Noida near Delhi in India, which is expected to open soon.
Airports operated by the Zurich Airport Group outside Switzerland welcomed a combined total of 16 million passengers in 2025, compared with 14.6 million the previous year.
Investment in airport infrastructure increased significantly, reaching CHF 716 million in 2025. More than CHF 503 million of this total was invested at the Zurich site.
The largest project currently underway is the replacement of Dock A, including the tower and dock base. Additional projects include refurbishment of the baggage sorting system, development of landside passenger areas and construction of a new cargo building.
The Integrated Report 2025 of Zurich Airport Ltd. is available online:
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