Geneva Airpark Confirms Upward Trends at the End of 2022

Geneva Airpark’s (LSGG) estimated upward trends in turnover, movements and hangar space at the end of 2022 have now been confirmed. With revenues for 2022 up 2.35% on 2019, Geneva Airpark has returned to growth after two years of business losses due to the pandemic.

Evolution of turnover since 2019:
2022 vs 2019: + 2.35%
2022 vs 2020: + 11%
2022 vs 2021: + 5%

Daily Formula: a record start to 2023
Geneva Airpark hosted 70 different aircraft in January and February – almost 60% of its target for the whole of 2023. These figures reflect the appeal of sheltering business jets for short stopovers and a dynamic recovery for business aviation.

Hosted aircraft – annual figures compared to previous years

Movements:
By achieving 2,593 movements in 2022 - up 18.5% on 2021 (2,188 movements), and up 13.5% on 2019 (2,285 movements), the projections at the end of last year have been exceeded.

2022 vs 2019: other figures up
• Total number of aircraft days in the hangar: + 4.85%
• Average hangar space occupied: + 6.60%

eGPU : 900 hours of energy
In their first year of operation in 2022, the 100% electric eGPUs have enabled Geneva Airpark to provide 900 hours of energy to its customers. The eGPUs (electric Ground Power Units) have proved a beneficial way to replace the APUs (Air Power Units), the use of which is restricted by Geneva airport authorities to limit noise nuisance.