Is Flughafen Zürich AG (UZAPF) a Good Airport Stock To Add To Your Portfolio? [Yahoo! Finance Canada]
Morgan Stanley (MS)
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Source: Yahoo! Finance Canada
We recently compiled a list of the 10 Best Airport Stocks To Buy In this article, we are going to take a look at where Flughafen Zürich AG (OTC:UZAPF) stands against the other airport stocks. Passenger Traffic Rebound: Airport Industry Poised for Growth The airport industry plays a crucial role in facilitating global connectivity, enabling the movement of people and goods across borders. The performance of the airport sector can significantly influence economic growth and development worldwide. Passenger traffic in the global air travel industry is experiencing a strong rebound as it recovers from the impact of COVID-19. According to Airports Council International (ACI), global passenger volume is projected to reach approximately 8.7 billion in 2023, which is 95% of the pre-pandemic levels seen in 2019. This represents a significant year-over-year growth of 31% from 2022 levels. Looking ahead, 2024 is expected to be a landmark year, with passenger numbers predicted to surpass 2
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