We fly you to the home of Tintin | World Airline News
As a result of the Coronavirus (COVID-19) crisis, Brussels Airlines reported an adjusted EBIT of EUR -70 million for the first quarter, only a 9% decrease compared to the same period last year, which included January and February 2020, two “normal” months before the Coronavirus reached Europe. The first quarter is traditionally the lowest performing one of the year in the aviation industry. The Belgian airline’s revenue fell by 76% year-on-year to EUR 55 million, while operating costs were brought down by 59% to EUR 130 million, in part due to lower production, but also thanks to cost...
Source: worldairlinenews.com