SWISS
| T032 | Key figures SWISS1) | ||||
|---|---|---|---|---|---|
| 2025 | 2024 | Change in % | |||
| Revenue | in €m | 6,481 | 6,472 | 0 | |
| Operating income | in €m | 6,767 | 6,724 | 1 | |
| Operating expenses | in €m | 6,168 | 5,923 | 4 | |
| Adjusted EBITDA | in €m | 1,049 | 1,225 | -14 | |
| Adjusted EBIT | in €m | 600 | 801 | -25 | |
| EBIT | in €m | 630 | 815 | -23 | |
| Adjusted EBIT margin | % | 9.3 | 12.4 | -3.1 pts | |
| Employees as of 31 Dec | number | 11,217 | 10,870 | 3 | |
| Average number of employees | number | 11,107 | 10,539 | 5 | |
| Number of flights | number | 163,908 | 162,819 | 1 | |
| Passengers | thousands | 21,475 | 21,071 | 2 | |
| Available seat-kilometres | millions | 63,150 | 61,089 | 3 | |
| Revenue seat-kilometres | millions | 52,402 | 51,290 | 2 | |
| Passenger load factor | % | 83.0 | 84.0 | -1.0 pts | |
| 1) Incl. Edelweiss Air. | |||||
SWISS is Switzerland’s leading airline. With its sister company Edelweiss Air, which specialises in leisure flights, it offers its passengers high-quality products and services, in combination with a global route network. The Swiss WorldCargo division uses the belly capacities of SWISS aircraft to offer comprehensive airport-to-airport services for high-value and sensitive goods worldwide. Swiss WorldCargo joined the existing partnership between Lufthansa Cargo and United Cargo on 1 August 2025.
Modernisation of fleet and cabin progresses
SWISS expanded its Airbus neo fleet by three to eleven A320neos and by three to seven A321neos in financial year 2025. Overall, it intends to bring into service 25 A320neo family aircraft by 2027, comprising 16 A320neos and nine A321neos. The modern aircraft replace older aircraft from the A320 family and make an important contribution to environmental efficiency at SWISS.
SWISS took delivery of its first Airbus A350-900 for long-haul routes in the reporting year. The Airbus A350 is considered to be the most modern wide-bodied aircraft in the world. Its economic engines and improved aerodynamics mean it uses less fuel than previous models, emits correspondingly less CO2 and is much quieter. A total of ten Airbus A350s are planned to join the SWISS fleet by 2029.
The SWISS fleet, including Edelweiss Air, consisted of 116 aircraft at the end of the reporting year. ↗ Fleet.
New travel experience SWISS Senses is successfully launched
The addition of the A350 to the fleet is accompanied by the biggest cabin refit in the history of SWISS. It consists of a completely new cabin design with the state-of-the-art seats, mood lighting and a consistent end-to-end design concept.
SWISS Senses also comprises new service concepts and product innovations, including a wider range of food and drink in all travel classes.
The brand-new Airbus A350-900 featuring the new cabin design made its inaugural long-haul flight on 20 November 2025.
SWISS wins prizes at the World Travel Awards
At the World Travel Awards, SWISS was voted “Europe’s Leading Airline - Business Class 2025”, “Europe’s Leading Airline – First Class 2025” and “World’s Leading Airline to Europe”. It is the fourth time in a row that SWISS has won the title of best First Class.
Sustainability commitment intensified
SWISS underlined its commitment to more sustainable aviation, launching a long-term strategic partnership with the Swiss technology pioneer “neustark”. neustark is the first company in the world to store CO2 from biogas plants in demolition concrete and thus remove it permanently from the atmosphere. The partnership is intended to help develop this innovative product further and promote its international roll-out as an important component for achieving global carbon reduction targets.
In addition, SWISS became the first airline worldwide to integrate solar fuel from the Swiss cleantech company Synhelion into its regular flight operations. Alternative fuels like the solar fuel from Synhelion are decisive for achieving the ambitious CO2 targets for the airline industry. SWISS also stepped up its partnership with Kühne+Nagel to assist with scaling synthetic fuels from Synhelion. Kühne+Nagel will buy Synhelion fuel from SWISS for its freight shipments with Swiss WorldCargo for five years starting in 2027.
SWISS and the Swiss railway company SBB further expanded the partnership that began in 2019 to develop train and aircraft links, adding St. Gallen, Constance and Locarno as destinations to the SWISS Air Rail network. This move increases the SWISS Air Rail network to a total of 24 destinations in Switzerland, Germany and Austria. ↗ Combined non-financial declaration.
Traffic higher in financial year 2025
In the 2025 financial year, the number of passengers carried by SWISS rose by 2% to 21.5 million (previous year: 21.1 million). Capacity increased by 3% year-on-year. The number of flights rose by 1% compared with the previous year. Sales increased by 2%. At 83.0%, the passenger load factor was 1.0 percentage point lower than in the previous year (2024: 84.0%). Yields fell by 0.3%. Traffic revenue were around the previous year’s level at EUR 5,873m (previous year: EUR 5,853m).
Revenue stable year-on-year, Adjusted EBIT down by 25% to EUR 600m
In the reporting period, revenue at SWISS was EUR 6,481m, roughly equal to the previous year (previous year: EUR 6,472m). The cargo business contributed around 8% to SWISS’ total revenue. Operating income of EUR 6,767m was 1% up on the previous year (previous year: EUR 6,724m).
Operating expenses increased by 4% to EUR 6,168m (previous year: EUR 5,923m). The cost of materials and services climbed by 2% (EUR +88m), mainly as a result of higher fees and charges (EUR +92m). Staff costs were 8% (EUR +98m) higher than in the previous year.
Adjusted EBIT at SWISS fell by 25% to EUR 600m in the 2025 financial year (previous year: EUR 801m), primarily due to higher fees and charges and staff costs. Weaker demand on routes to North America and bottlenecks in the availability of aircraft and engines also had an adverse impact. The Adjusted EBIT margin declined by 3.1 percentage points to 9.3% (previous year: 12.4%). EBIT decreased year-on-year by 23% to EUR 630m (previous year: EUR 815m).