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        • Regulatory Result

    Cost-efficiency - Switzerland

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    Terminal charging zone

    Unit cost

    Actual and determined data
    Total costs - nominal (M€) 2025 2026 2027 2028 2029
    Determined costs 140.8 142.7 143.4 144.6 146.6
    Actual costs 142.7 NA NA NA NA
    Difference costs 1.9 NA NA NA NA
    Inflation assumptions 2025 2026 2027 2028 2029
    Determined inflation rate 0.2% 0.5% 0.7% 0.7% 0.7%
    Determined inflation index* 103.7 104.2 104.8 105.6 106.3
    Actual inflation rate 0.1% NA NA NA NA
    Actual inflation index* 103.5 NA NA NA NA
    Difference inflation index (p.p.) -0.1 NA NA NA NA
    *100 = 2022
    NoteFocus on unit cost

    AUC vs. DUC

    In 2025, the terminal AUC was +1.2% (or +5.61 CHF2022, +5.58 €2022) higher than the planned DUC. This results from the combination of higher than planned terminal costs in real terms (+1.5%, or +2.0 MCHF2022, +2.0 M€2022) and slightly higher than planned TNSUs (+0.3%).

    Terminal service units

    The difference between actual and planned TNSUs (+0.3%) falls inside the ±2% dead-band. Hence, the gain of additional terminal revenues is kept by the ANSPs.

    Terminal costs by entity

    Actual real terminal costs are +1.5% (+2.0 M€2022) higher than planned. This is the result of higher costs for the main ANSP, Skyguide (+1.5%, or +2.0 M€2022), the MET service provider (+0.5%, or +0.02 M€2022) and the NSA (+0.04%).

    Terminal costs for the main ANSP (Skyguide) at charging zone level

    Based on the additional information to the terminal reporting tables, the slightly higher than planned terminal costs in real terms for Skyguide in 2025 (+1.5%, or +2.0 M€2022) result from:

    • Higher than planned staff costs (+2.7%), mainly linked to the endorsement of ATCOs, operational training and ab initio programmes, as well as increased recruitment efforts.

    • Significantly lower than planned other operating costs (-5.8%), mainly due to lower purchased services and products, including external experts, maintenance, material and tools. This reflects the implementation of savings measures mainly affecting support service expenses.

    • Significantly higher than planned depreciation (+7.1%).

    • Significantly higher than planned cost of capital (+15.7%), mainly due to higher net current assets.

    Assessment of the actual performance in the charging zone reported by the NSA

    The NSA of Switzerland provides the following overall assessment of the actual performance in 2025 at charging zone level:

    “Actual unit costs are broadly in line with the DUC (+1.3%). This slight increase is mainly driven by a modest rise in actual costs (see explanation below).”

    Explanation of the differences between actual and determined costs at charging zone level reported by the NSA

    The NSA provides the following explanation for the differences between actual and determined costs in the charging zone:

    “Actual terminal costs for 2025 are slightly above the determined level, with a variance of +1.3% in nominal term (+1.9M CHF) and +1.5% in real term (+2.0M CHF).

    This variance is mainly driven by higher staff costs, notably linked to the endorsement of ATCOs, operational training and ab initio programs, as well as increased recruitment efforts, all aimed at enhancing capacity and delivering better services to airspace users. This increase is partly offset by lower staff costs in operations departments.

    This increase is partly compensated by Other operating costs lower than determined, where some reductions have been achieved during the year as explain for the En route.

    Depreciation and cost of capital show a moderate increase compared to the determined level, in line with the evolution of the asset base. This difference will not be passed on to airspace users.

    Overall, while some cost containment actions have been implemented, particularly on operating expenses, they only partly offset the increase in staff-related costs.”

    Recommendations formulated by the NSA to the ANSP (Skyguide) to rectify the situation and actions taken by the ANSP

    No recommendation from the NSA nor action from the ANSP is reported in the 2025 NSA Monitoring Report.

    Actual unit cost incurred by the users (AUCU) (PI#1)

    AUCU components (€/SU) – 2025
    €/SU
    DUC 514.37
    Inflation adjustment -0.57
    Cost exempt from cost sharing 0.00
    Traffic risk sharing adjustment 0.00
    Traffic adjustment (costs not TRS) -0.06
    Financial incentives -0.55
    Modulation of charges 0.00
    Cross-financing 0.00
    Other revenues 0.00
    Application of lower unit rate 0.00
    Total adjustments -1.17
    AUCU 513.20
    AUCU vs. DUC -0.2%
    Cost exempt from cost sharing by item - 2025 €'000 €/SU
    New and existing investments 0.0 0.00
    Competent authorities and qualified entities costs 0.2 0.00
    Eurocontrol costs 0.0 0.00
    Pension costs 0.0 0.00
    Interest on loans 0.0 0.00
    Changes in law 0.0 0.00
    Total cost exempt from cost risk sharing 0.2 0.00
    NoteFocus on AUCU

    Terminal AUCU monitoring at charging zone level

    The actual terminal unit cost incurred by airspace users (AUCU) in respect of activities performed in 2025 (480.70 CHF or 513.20 €) is -0.2% lower than the nominal DUC (481.79 CHF or 514.37 €). The difference between the AUCU and the nominal DUC (-1.10 CHF/SU or -1.17 €/SU) is due to:

    • the negative inflation adjustment resulting from lower than planned inflation (-0.53 CHF/SU or -0.57 €/SU);

    • the deduction of the traffic adjustment (-0.06 CHF/SU or -0.06 €/SU) for the costs not subject to traffic risk sharing;

    • the impact of adjustments (+0.001 CHF/SU or +0.001 €/SU) resulting from the costs exempted from cost sharing mechanism; and,

    • the impact of financial incentives (-0.51 CHF/SU or -0.55 €/SU).

    The share of the regulatory result (see next sub-section) in the AUCU (before the deduction of other revenues) is 2.9%.

    Initiatives implemented or planned that will improve this PI reported by the NSA

    The NSA of Switzerland provides the following information regarding the initiatives:

    “The performance of this PI is a direct result of the application of the requirements of the performance and charging regulation. There is no need to implement measures to improve performance.”

    Regulatory result (RR)

    NoteFocus on regulatory result

    Skyguide net gain/loss on activity in the Switzerland terminal charging zone in 2025

    Skyguide reported a net loss of -1.9 M€, as a combination of a loss of -2.1 M€ arising from the cost sharing mechanism, with a gain of +0.4 M€ arising from the traffic risk sharing mechanism and a loss of -0.2 M€ relating to financial incentives.

    Skyguide overall regulatory result (RR) for the terminal activity

    Ex-post, the overall RR, taking into account the net loss from the terminal activity mentioned above (-1.9 M€) and the actual RoE (+6.2 M€), amounts to +4.3 M€ (3.0% of the terminal revenues). The resulting ex-post rate of return on equity is 6.2%, which is lower than the 9.9% planned in the PP.

     
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