Brussels Airlines, the flag carrier of Belgium, has announced the appointment of Filip Aerts as its new Chief Operating Officer (COO) and a member of the Management Board, effective 01 August 2025. Aerts will succeed Tilman Reinshagen, who is leaving the Lufthansa Group to pursue other opportunities.
Lufthansa Group, the parent company of several major European airlines, is preparing to unveil a new restructuring initiative titled “Matrix Next Level.” The project is aimed at simplifying the Group’s corporate structure, streamlining operations, and enhancing managerial efficiency across its portfolio of carriers.
Brussels Airlines has strengthened its intercontinental operations with the delivery of one Airbus A330-300, carrying serial number 913 and powered by Trent 772B-60 engines. The aircraft adds capacity to the airline’s long-haul fleet, which serves destinations across Africa and North America from its hub in Brussels.
SWISS concluded 2024 with a strong operating profit of US$828 million, supported by total annual revenues of US$6.7 billion. The fourth quarter alone contributed US$216 million in operating profit on US$1.69 billion in revenue, capping a successful financial year for the carrier.
Lufthansa Group reported a 10% increase in revenue for the first quarter of 2025, reaching US$9.2 billion, while recording an adjusted EBIT loss of US$821 million. Despite the loss, the group maintained a strong liquidity position of US$12.9 billion.
Brussels Airlines reported an adjusted EBIT loss of US$60 million for the first quarter of 2025, showing a 9% year-on-year improvement compared to the same period in 2024. Despite remaining in the red, the airline expressed confidence in achieving full-year profitability for 2025.
Austrian Airlines has initiated a strategic review of its regional fleet, focusing specifically on options to replace its 17 Embraer E195 aircraft with newer-generation alternatives. The move reflects the airline’s efforts to modernize its operations and improve fleet efficiency, particularly within its European network.
Lufthansa City Airlines, the newly launched subsidiary of Germany’s Lufthansa Group, has taken delivery of its first brand-new Airbus A320neo, bearing serial number 12540 and powered by PW1127G-JM engines. This marks the beginning of a significant fleet expansion plan as the airline prepares to scale its short- and medium-haul operations across Europe.
Lufthansa Group is adjusting its capacity growth strategy by focusing on more cost-efficient AOCs (Air Operator Certificates) within its network. In 2025, the group will add 15 new aircraft to its City Airlines and Discover Airlinessubsidiaries, both of which offer lower operating costs compared to the main Lufthansa brand. This strategic shift aims to improve cost efficiency and maximize profitability while maintaining network expansion.
Lufthansa Group, Germany’s flagship airline conglomerate, reported a 6% increase in revenue for the fiscal year 2024, totaling US$40.2 billion. The company’s Adjusted EBIT (Earnings Before Interest and Taxes) for the year was US$1.7 billion, with the fourth quarter contributing US$501 million to this figure.
