Flughafen Zürich : Key Figures November 2020 and Bond Placement to increase Liquidity Reserves
December 10, 2020 at 11:43 am EST
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10.12.2020
Key Figures November 2020 and Bond Placement to increase Liquidity Reserves
Traffic figures
245'187 passengers were handled at Zurich Airport in November (-89.0% vs. previous year). Local passengers decreased by -86.6% and transfer passengers decreased by -94.5%. The transfer rate, which was at 31.6% last November is at 16.0% in the month under review.
Air traffic movements
In November, air traffic movements decreased by -71.5% to 5'660 versus previous year.
Traffic ratios
The average seat load factor saw a decrease of -34.5 percentage points to 41.8% and the average passenger per movement figure decreased to 71.1 (127.6 previous year).
Commercial Activities
Total turnover in November was CHF 15.5m (-65.1% vs. previous year). The decrease divides into -86.7% for airside and -35.9% for landside.
For a detailed overview we refer to the attached document.
Successful Bond Placement
Under the joint lead management of Zürcher Kantonalbank, Credit Suisse AG and Raiffeisen Schweiz, Flughafen Zürich AG has successfully placed a bond of CHF 200 million with a maturity of 7 years (maturity: December 30, 2027) and a coupon of 0.10 percent in the domestic market. An application has been made for the bond to be listed on the SIX Swiss Exchange (ISIN: CH0570576568).
With this transaction, Flughafen Zürich AG capitalizes on the positive market environment to build further cash reserves.
This document, including any and all information contained therein, is not intended as, and may not be construed as, an offer or solicitation by Flughafen Zürich AG for the purchase or disposal of, trading or any transaction in any Flughafen Zürich AG securities. It is not being issued in countries where the public dissemination of the information contained herein may be restricted or prohibited by law. In particular, this information is not being issued in the United States of America and should not be distributed to U.S. persons or publications with a general circulation in the United States. Any non-compliance with such restrictions may result in an infringement of U.S. securities laws. The information and material provided in this document are intended for information purposes only and do not constitute a prospectus pursuant to the Swiss Financial Services Act (as amended) or the laws of any other jurisdiction or any other type of offering document.
Flughafen Zürich AG published this content on 10 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 December 2020 16:42:01 UTC
Flughafen Zuerich AG is a Switzerland-based company that is engaged in the operation of Zurich Airport in Switzerland on behalf of the federal government. The Company offers access to international, national and regional transport networks. The Company operates in four segments: the Aviation flight operations segment encompasses the construction, operation and maintenance of the airport operating infrastructure; the Aviation security segment covers the installation, operation and maintenance of security infrastructure and all processes of direct relevance to security, which includes all systems and their operation and maintenance designed to prevent actions of any kind that affect the security of commercial civil aviation; the Non-aviation segment encompasses all activities relating to the development, marketing and operation of the commercial infrastructure at Zurich Airport, and the Aviation aircraft noise segment.
FLUGHAFEN ZÜRICH AG 
