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Aircraft and finance. Luxair, first balance in the red after 30 years: the turnaround plan is ready

Luxembourg, Luxembourg - Break-even position expected in 2015

The balance 2012 presented by Luxair was, both for the carrier and the whole Luxembourg-based group, the first one in the red after 30 years, therefore pushing the management to implement a turnaround plan aimed to come back to profitability by 2015. "Many traditional, independent, small size European airlines -the company reported- which do not operate long-haul services are facing financial disaster...

AVIONEWS - World Aeronautical Press Agency - 1152869
Rome, Italy, 06/06/2013 15:48
AVIONEWS - World Aeronautical Press Agency

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