Loading
14-Apr-2010 12:21 PM

Skyguide reports widening operating loss in 2009

Switzerland’s Skyguide reports the following financial highlights for the 12 months ended 31-Dec-2009 (according to Belgian Accounting Standards):

  • Total revenue: EUR253.3 million, -2.7% year-on-year;
    • Air navigation services: EUR245.1 million, -3.8%;
  • Total operating costs: EUR259.9 million, -1.4%;
  • Operating profit (loss): (EUR6.7 million), compared to a loss of EUR3.3 million in the previous corresponding period;
  • Profit before tax: EUR1.9 million, compared to a loss of EUR38.0 million in the previous corresponding period;
  • Net profit: EUR12.2 million, compared to a loss of EUR7.0 million in the previous corresponding period;
  • IRF flights: 1.1 million, -7.2%;
  • Aircraft movements: 1.4 million, -8.1%;

*Based on the conversion rate at EUR1 = CHF1.44

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More