Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
SN Expects Positive 2003 Results!  
User currently offlineSabenapilot From Belgium, joined Feb 2000, 2748 posts, RR: 45
Posted (12 years 3 months 1 week 5 days 16 hours ago) and read 2340 times:

SN Brussels Airlines says it will reach break even in 2003, maybe even end the year with a slight positive result!

So far, all but one month (i.e. December) are fully reviewed and approved and the results up to November show a net profit of €0,6 million on a net revenue of €487 million. The final figures for last year will only be released after approval by the Board in March.

Not bad for a company build on the ashes of Sabena...  Smile/happy/getting dizzy

View Large View Medium
Click here for bigger photo!

Photo © Orrico emmanuel

[Edited 2004-02-17 12:53:45]

7 replies: All unread, jump to last
User currently offlineEZYcrew From Spain, joined Oct 2001, 460 posts, RR: 3
Reply 1, posted (12 years 3 months 1 week 5 days 15 hours ago) and read 2283 times:

That's wonderful!

If only we had done the same thing with Crossair after SR's demise! Take a few Avro's, only fly to profitable destinations.....

And I've just learned that SN will operate former LX's charter flights out of GVA this Summer (IBZ, PMI and 3 other dest.), as we've retired too many a/c and can't face our customer demand.

User currently offlineJoge From Finland, joined Feb 2000, 1444 posts, RR: 33
Reply 2, posted (12 years 3 months 1 week 5 days 15 hours ago) and read 2277 times:

Well that's some good news!  Smile/happy/getting dizzy

And when will LX recover then?


User currently offlineFlying Belgian From Belgium, joined Jun 2001, 2433 posts, RR: 8
Reply 3, posted (12 years 3 months 1 week 5 days 15 hours ago) and read 2247 times:
Support Airliners.net - become a First Class Member!

This is great news !!!

Come on SN !!


Life is great at 41.000 feet...
User currently offlineSabenapilot From Belgium, joined Feb 2000, 2748 posts, RR: 45
Reply 4, posted (12 years 3 months 1 week 5 days 14 hours ago) and read 2219 times:

Some more achievements....
SN's market share in Belgium increased from 44,3% (2002) to 50,2% (2003), making SN the indisputable number one in Brussels.
SN's load factor rose 11% compared to 2002.
The average punctuality throughout 2003 reached an excellent score of 91,80% (compared to the AEA average of 80,05%), placing SN in 3rd position in the Association of European Airlines ranking.

For 2004, it seems SN plans to increase its profitability during weekends and holiday periods by means of charter flights from GVA to several Mediterranean holiday destinations (PMI, IBZ, MRS, Corsica,...). For the upcoming summer season, SN has already contracted more than 43% more hours than in 2003.

User currently offlineSabena 690 From , joined Dec 1969, posts, RR:
Reply 5, posted (12 years 3 months 1 week 5 days 11 hours ago) and read 2123 times:

Excellent news! Well done...


User currently offlineFlying lsd From Belgium, joined Feb 2001, 291 posts, RR: 0
Reply 6, posted (12 years 3 months 1 week 5 days 9 hours ago) and read 2065 times:

In the financial news paper french speaking ofthis morning " l"echo de la bourse", they are speaking about a reflexion about a fleet renewal from june!

Maybe the brand new EB 190 , with just the jetblue orders ( 100 machines )
will be the next flagship of SNBA.

GOOD LUCK from the heart of Europe

User currently offlineSterne82 From Belgium, joined May 2000, 397 posts, RR: 0
Reply 7, posted (12 years 3 months 1 week 5 days 8 hours ago) and read 2042 times:

That's great news. Can't wait to see the annual report.

Good luck SNBA!



Top Of Page
Forum Index

This topic is archived and can not be replied to any more.

Printer friendly format

Similar topics:More similar topics...
SN Brussels Airlines Posts Positive 2003 Results posted Tue Mar 16 2004 13:01:46 by Sabenapilot
SN Posts Positive Half Year Results! posted Thu Sep 9 2004 15:05:59 by Sabenapilot
Air Canada 2003 Results Announced: $1.8B Loss posted Sat Apr 3 2004 01:37:16 by CanadaEH
Swiss 2003 Results, They're Getting There! posted Tue Mar 23 2004 11:34:34 by CV990
Spirit Airlines Posts 2003 Results posted Tue Feb 10 2004 03:25:26 by Akjetblue
Boeing Full-Year 2003 Results posted Thu Jan 29 2004 19:02:30 by Kalakaua
When Will AirCanada Post 2003 Results? posted Wed Jan 21 2004 20:02:45 by Bmacleod
Skytrax Airline Of The Year 2003 Results! posted Sat Mar 15 2003 01:04:09 by Mehtabrahman
SN Brussels Airlines Posts Positive 2004 Result posted Fri Mar 18 2005 11:15:05 by Sabenapilot
VS Results In 2003 Conde Nest Travel Awards posted Mon Sep 15 2003 00:36:51 by Leezyjet