Tag Archives: OO-SNC

Brussels Airlines announces its summer 2019 schedule

Brussels Airlines' salute to Belgian artist René Magritte

Brussels Airlines increases its flight frequencies to African destinations Accra, Freetown, Lomé and Monrovia to offer more flexibility and even better connecting options.

Furthermore, the airline adds flights to European leisure destinations in different regions during summer 2019. While technology becomes ever more important for the airline, a personal service on the ground remains very important to Brussels Airlines.

Brussels Airlines adds extra flights on its routes to Accra (Ghana), Freetown (Sierra Leone), Lomé (Togo) and Monrovia (Liberia), offering its guests more flexibility and even better connecting options via Brussels to the large continental and intercontinental network of the airline. On the European network, Brussels Airlines flies for the first time ever in summer to Kiev and Wroclaw. On top of that, the airline increases its frequencies to different holiday regions. Compared to the summer season last year, the airline will have more flights to Alicante, Athens, Faro, Florence, Naples, Saint Petersburg and  to the Greek islands Crete, Kos and Rhodes as well as to Lanzarote and Djerba, offering even more possibilities for leisure travel. Furthermore, during the runway works at Linate Airport, all flights to Milan between July 27 and October 27, will be shifted from Linate Airport to Malpensa Airport.

New destinations

Kiev (Ukraine): 4 x week

Wroclaw (Poland): 3 x week

Extra frequencies

Accra (Ghana) : 7 x Week

Freetown (Sierra Leone): 5 x week

Lomé (Togo): 7 x week

Monrovia (Liberia): 5 x week

Alicante: 8 x week

Athens: 6 x week

Faro: 8 x week

Florence: 8 x week

Naples: 8 x week

Saint-Petersburg: 4 x week

Heraklion (Crete): 9 x week

Kos: 4 x week

Rhodes: 5 x week

Lanzarote: 4 x week

Djerba: 3 x week

Top Copyright Photo (all others by the airline): Brussels Airlines Airbus A320-214 OO-SNC (msn 1797) (René Magritte) PMI (Ton Jochems). Image: 944509.

Brussels Airlines aircraft slide show:

Will Brussels Airlines survive?

Brussels Airlines' salute to Belgian artist René Magritte

According to Reuters,

“Lufthansa wants to replace top management at Brussels Airlines, a person familiar with the matter told Reuters on Sunday, pointing to the unit’s weak performance compared to other divisions.

The changes, which would affect Brussels Airlines’ chief executive and chief financial officer, will be discussed at a supervisory board meeting of the unit scheduled for Monday, the person said.”

According to The Brussels Times, the pilots of Brussels Airlines are also threatening further action “if management fails to listen to us”.

In the past, Lufthansa has stated its intent to retire the Brussels Airlines brand for its European flights and to operate under the Eurowings brand. Lufthansa controls the Brussels Airlines board, which meets today.

Brussels Airlines’ three unions are also threatening to strike.

Bottom line, Brussels Airlines is not likely to continue to operate as we know it today.

Copyright Photo: Brussels Airlines Airbus A320-214 OO-SNC (msn 1797) (René Magritte) LHR (SPA). Image: 934980.

Brussels Airlines aircraft slide show:

 

Lufthansa to take over 100% of Brussels Airlines, will be joining the Eurowings Group

Brussels Airlines 2013 "Belgian Red Devils" special livery

Lufthansa has issued this statement:

  • Deutsche Lufthansa AG takes over 100 percent of SN Airholding
  • Brussels Airlines to be fully integrated into the Lufthansa Group as of 2018 and joining the Eurowings Group
  • Attractive home markets Belgium and Brussels and well-established Africa network will further strengthen the Lufthansa and Eurowings Group market position
  • Advantageous cost-structure allowing Brussels Airlines to successfully compete with the tough low-cost competition in the Belgian market

After Lufthansa and the shareholders of SN Airholding had agreed on the terms of the complete takeover, Deutsche Lufthansa AG’s Executive Board on December 14, 2016 decided to exercise the call option for the outstanding 55 percent of the shares. The call option comes into effect by December 31, 2016. The closing of the transaction will happen by the beginning of January 2017.

The price mechanism for the take-over of the remaining 55 percent of the shares had already been part of the agreement for the call option in 2008. The price for the acquisition of the remaining 55 percent of the shares is 2.6 million euros, which will be paid to a consortium of 30 shareholders.

Carsten Spohr, Chairman of the Executive Board and CEO of Deutsche Lufthansa AG: “Following the acquisition of the 45 per cent share of SN Airholding eight years ago, we now want to take a next step in our already very solid and successful cooperation. As a longstanding shareholder and partner of Brussels Airlines, we are already closely linked to each other. Accordingly, we value Belgium and especially Brussels as highly attractive markets that perfectly complement our offer in the heart of Europe. In addition, Brussels Airlines has a competitive cost structure already and brings a well-established long-haul network, especially to and from Africa, to the Lufthansa Group portfolio. We also very much appreciate the high qualification, motivation and performance of the 3,500 Brussels Airlines employees.”

After the acquisition, Brussels Airlines will continue to operate its 23 long-haul destinations as well as 79 destinations within Europe under the umbrella of the Eurowings Group.

The brand ‘Brussels Airlines’ will be complemented by the claim “Member of the Eurowings Group”. The common goal of Lufthansa and Brussels Airlines is to further strengthen the market position in the Belgian Airline market.

The current fleet harmonization towards an Airbus A320 family fleet for the European network will be continued. With its fleet of 42 short- and medium-haul aircraft and nine A330 long-haul aircraft, Brussels Airlines has significantly increased the number of its passengers. From 2013 to 2015 only, this number has increased by 30 per cent to a total of 7.5 million passengers. In the medium term, investments are planned to further improve the fleet-efficiency and increase the capacity on the short- and long-haul network.

In the past three years, Brussels Airlines has reduced its non-fuel unit costs by almost ten per cent and established sustainably efficient structures. For the financial year 2015, the leading Belgian airline generated an operating profit of 43.4 million euros. With the full integration of Brussels Airlines, synergies are to generate up to a mid-double digit million euro contribution per year. In the short-term, integration costs may burden earnings at first.

In the future, Brussels Airlines will assume an important role in the further development of the Eurowings Group into a pan-European platform. In order to personally accompany the integration process, Carsten Spohr will join the Brussels Airlines Board as Co-Chairman, next to Viscount Etienne Davignon. Unchanged, three further Belgian members will belong to the Board. The Brussels Airlines Management Board remains unchanged under the leadership of CEO Bernard Gustin. In addition an Advisory Council will be established and will support the integration process.

Copyright Photo: Brussels Airlines Airbus A320-214 OO-SNC (msn 1797) (Belgian Red Devils) GVA (Paul Denton). Image: 934664.

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