2007 financial results

14.04.08 - 14:36 ... source : Brussels Airlines

... Thursday, April 10, 2008 In 2007, a year of transformation for Brussels Airlines, the airline realised a consolidated net profit of €23.1 million. Revenues rose from €903.1 to €921 million. High fuel prices, growing inflation, lower consumer confidence and increased competition will have a negative effect on the 2008 result. 2007 was a year of major changes for Brussels Airlines. On 25 March 2007, the two brands SN Brussels Airlines and Virgin Express made way for a single brand: Brussels Airlines, which arrived on the market with a new product philosophy and a modified range of flights and codeshares. Other outstanding facts of the elapsed year included the expansion of the long-haul fleet with an additional Airbus A330-300 and the introduction of regular flights to Bujumbura and Ljubljana. A hub to India was also created at Brussels Airport in partnership with Jet Airways.During the past year, the airline's activities were grouped in its ne ...» Next (HTML)