Brussels Airlines recorded a total revenue of €705 million reporting a significant increase over €452 million in 2022. The airline released its financial figures for first half (H1) of 2023. The airline reported a total operating income of €744 million, a straight €261 million or 54% growth over the 2022 figures.
Additionally, the airline reported increase in earnings before interest and taxes (EBIT) to -€89 million from -€13 million.
Commenting on the results, Nina Oewerdieck, Chief Financial Officer, Brussels Airlines said: “The results of our first semester of 2023 are completely in line with our expectations. In 2022, we communicated historically high third trimester results. This year, I am proud to see that we already delivered a record in the second quarter. This inspires us great confidence to reach solid black results for the entire year of 2023.”
The airline flew 30,346 flights and carried 3.952 million passengers in the first half of 2023 versus 22,597 flights and 2.727 million at the same time last year.
In the H1, 2023 the airline added two wet-leased Bombardier CRJ-900s along with two A320neos with another three expected in the next few weeks.
Thus, all-in-all the airline claims to have achieved this growth through improved operational performance, including increased flights and passengers, as well as investments in new aircraft and passenger experience enhancements.