Since 21 March, Brussels Airlines is grounded. And its financial situation is becoming more fragile by the day. The airline estimates that one million euros its daily losses since the suspension of its operations. As a result, like other carriersBrussels Airlines is looking for financial support. " The Belgian national carrier is hoping for a positive outcome to the talks with the Belgian authorities on the financial support needed to overcome the consequences of this unprecedented crisis, while calling on with the help of Lufthansa for restructuring costs "says Brussels Airlines management. It has also announced a " recovery plan "This will involve a massive reduction in its fleet and workforce. The fleet will be reduced by 30%, and a quarter of the jobs will be cut: " The company is convinced that its turnaround plan will enable it to save 75% from his job and to grow profitably as soon as demand for air transport returns to normal, which is expected to happen from 2023 ".
In the wake of this announcement, the company's management has set the date for the 15 June for the resumption of its activities. It is not yet known which destinations will be served, or how often, but Brussels Airlines will initially be targeting destinations in Southern Europe: " The planned offer will take into account the needs of both business and leisure travellers to destinations such as Germanyin Switzerlandin Greeceat Portugal and in Spain" it says.
(Article updated on 14 May)
