10 Worst Airport Stocks to Buy

2. Flughafen Zürich AG (OTC:UZAPF)

Number of Hedge Fund Holders: N/A

Average Analyst Price Target Upside: 0.03%

Flughafen Zürich AG (OTC:UZAPF) operates Zurich Airport and manages a portfolio of airports worldwide including Colombia, India, and Brazil. The Canton of Zurich is its largest shareholder. Flughafen Zürich (OTC:UZAPF) is showing progress and is one of the first airport businesses that is returning to pre-pandemic level business.

In the first half of 2024, Zurich Airport served over 14.5 million passengers, representing a 10.6% year-over-year increase, with peak days exceeding 100,000 travelers. The airport offered services from 62 airlines to 200 destinations.

In August 2024, Zurich Airport handled nearly 3.1 million passengers, up 6% year-over-year, and reached 99.5% of pre-pandemic levels from August 2019. Local passengers numbered 2.14 million, while transfer passengers accounted for 31% or nearly 950,000 passengers. Air traffic movements rose by 4% year-over-year to 24,132, representing 96% of the 2019 level.

The average number of passengers per flight increased to 145, and the seat load factor reached 85%, both slightly higher than last year. Freight volume grew by 23% year-on-year, totaling 33,640 tons. However, it remained 5% below August 2019 levels.

Flughafen Zürich (OTC:UZAPF) has an average price target of $236.44 among 15 analysts, which shows an upside of 0.03% from current levels on September 26. It takes the 2nd spot on our list of worst airport stocks to buy.