Brussels Airways recorded a lack of 89 million euros within the first half of the 12 months | Inside

Belgian airline Brussels Airways, a subsidiary of the German airline group Lufthansa, recorded an working loss (EBIT) of 89 million euros within the first half of this 12 months, up 38 p.c from the identical interval final 12 months. This was introduced by Brussels Airways.

The primary months of the 12 months had been nonetheless affected by the omicron affect, with June marked by 4 days of flight interruptions resulting from strikes. In line with Brussels Airways, inflation and excessive gasoline prices additionally continued to have an effect on the outcomes.

Within the first half of this 12 months, Brussels Airways obtained 2.73 million passengers on its flights, which is 3 times greater than in the identical interval final 12 months. Income elevated by 314 million euros to 452 million euros. Working bills elevated by 282 million euros to 572 million euros.

“Not solely did the strike closely affect our outcomes, however computerized indexation in Belgium additionally elevated our payroll prices by 6 p.c this 12 months alone and by 8 p.c when indexing in November is included,” mentioned CFO Nina Overdyk. “Nonetheless very excessive gasoline costs and common inflation, mixed with a powerful greenback place, means our prices have elevated considerably. The affect of the strike on our funds reveals how necessary social peace is to our firm.”

Within the second semester, the airline goals to interrupt even. The deliberate break-even consequence for the entire 12 months is not achievable.

Leave a Comment