This is the money Swiss earns with your plane ticket

Swiss airline Swiss collects three times more money per passenger than its parent company Lufthansa. The boss of the German company explains how such differences arise.

Swiss is the most important subsidiary of the Lufthansa group: the SRF revealed that the Swiss airline contributes around 30% of the group’s turnover. This can be explained in particular by the fact that Swiss earns significantly more money per passenger than other subsidiaries – and than Lufthansa itself.

While the latter earns on average 14 francs per ticket sold, this figure reaches 40 francs at Swiss. Other Lufthansa subsidiaries earn even less on a ticket: 11.3 francs at Eurowings, 9 francs at Austrian Airlines and even just 6.05 francs at Brussels Airlines.

Why do these numbers vary so much? Lufthansa CEO Carsten Spohr told SRF that one cannot be directly compared:

“Swiss focuses on the most profitable markets in the world”

Lufthansa, on the other hand, would operate a “significantly larger portfolio”. This generates lower revenue per ticket on average, but would be necessary to ensure the group’s overall position. If Lufthansa flew the same routes as Swiss, the yield would be significantly higher, according to Spohr, although it would probably not be as high as that of Swiss.

Carsten Spohr, CEO of Lufthansa.Image: keystone

Switzerland is an important market

The head of Lufthansa therefore underlines the importance of Swiss for the company. “Switzerland is an interesting market,” he says. He explains on the one hand that the Swiss population has a high purchasing power and on the other hand, that flights to Switzerland are booked by many customers with high purchasing power:

“The Lufthansa Group would not be what it is without Swiss. But Swiss would certainly not be what it is without the Lufthansa Group.”

Swiss was founded in 2002 and has been part of the German Lufthansa Group since 2005. The airline is one of the 500 largest companies in Switzerland. (dab)

Translated and adapted from German by Léa Krejci

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