LuxairGroup Releases 2018 Financial Report

According to the 2018 financial report published by LuxairGroup, the company’s net profit rose 32% year-on-year, up to approximately $14 million USD.

Despite its successful performance last year, the airline’s president and chief executive officer, Adrien Ney, cautioned that the company’s performance will likely dip in 2019. The European airline industry faces a challenging operational environment as competition rises.

Source: Air Transport World