Annual Report 2011 - A depressing year
LuxairTours withstands the crisis, the Airline is still loss-making, LuxairCARGO volumes regress.
While LuxairGroup’s assets for 2010 amounted to EUR 1.8 Mio, company earnings showed an operating loss of EUR 2.3 Mio in 2011. The group’s turnover in 2011 rose from EUR 408.8 Mio in 2010 to EUR 428.6 mio in 2011. The annual net income of LuxairGroup was EUR 3.6 Mio.
Luxair Luxembourg Airlines: New AboFlex on the Saaarbrücken-Berlin route
The new AboFlex subscription offers more flexibility for business travellers on the Saarbrücken-Berlin route.
Luxair: Reinforcement of the Luxembourg - Milan route
A third daily rotation will complete the Milan offer as from 17 September
Code share agreement between Luxair and Turkish Airlines
Luxair and Turkish Airlines signed a code share agreement, which i.e. enables better connexions from Luxembourg to Istanbul.
Paul Helminger new Chairman of the Board of LuxairGroup
On 14 May the General Assembly of the shareholders of LuxairGroup appointed Paul Helminger new member and chairman of the Board of Directors of Luxair S.A.