Thursday, November 17, 2011

Dynamic Wealth Management Headlines: Skyguide to lower its Geneva and Zurich approach charges with effect from 1 October

Skyguide to lower its Geneva and Zurich approach charges with effect from 1 October


skyguide / Skyguide to lower its Geneva and Zurich approach charges with effect from 1 October . Processed and transmitted by Thomson Reuters ONE. The issuer is solely responsible for the content of this announcement.
Geneva, 30 September 2011. Skyguide, Switzerland’s air navigation service provider, is to reduce the approach charges it levies for Geneva and Zurich airports with effect from 1 October. The new charges will apply to all flights by aircraft of over five tonnes, except visual flight rules (VFR) training flights conducted with aircraft of up to 30 tonnes.

Lower approach charges in 2011 and 2012
The new Geneva and Zurich approach charges which will apply from 1 October onwards are around 9% lower than those presently in force. In full-year terms, skyguide’s 2011 approach charges will thus be some 2.3% lower than those of 2010. A further reduction in approach charges of around 3% is envisaged for 2012. The lower approach charges will benefit around 92% of all the traffic arriving at Geneva and Zurich airports. They will not apply to light aviation (aircraft of 1 to 5 tonnes) or to training flights with aircraft of up to 30 tonnes operating under visual flight rules, for which special charges will continue to apply until further notice.

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