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Saturday, November 21, 2009 2:50 PM

Published 11/02/2009 by Air Transport World


Brussels Airlines growing cautiously

Brussels Airlines is seeing a "very slight and progressive" improvement in the business environment, with higher load factors and a stabilization of the decrease in yield occurring thanks to solid sales of its business class and b-flex economy tickets, co-MD Bernard Gustin...

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Quotes

...eight months ago. "There are positive signs, but I remain extremely cautious. We assume the winter could be hard" Gustin said
...costs fell 8%. "We expect to report a net loss and an operating loss for 2009" co-MD Michel Meyfroidt...
...a dramatic 15%. "We reduced capacity earlier and more aggressively than other airlines, and now we are one of the few [European network] carriers to increase capacity" Gustin noted...
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