After returning to a net profit in 2013, LuxairGroup confirmed the improvement of its results in 2014, finishing the year with positive operating and net income. This performance is all the more remarkable as the general economic environment remained sluggish and the company also faced tough competition in all markets.

"LuxairGroup closed the year 2014 with more than respectable results. Given the unfavorable context in which the company has evolved throughout the year, this is an unexpected success which augurs well for its future ", Paul Helminger, Chairman of the Board, commented.

Adrien Ney, CEO of LuxairGroup, was satisfied with the performance in 2014: "Over the last two years, LuxairGroup has demonstrated its ability to innovate and thus managed to cope with competition. The year 2014 was marked by the crossing, for the first time, of the one-million-passenger-threshold by Luxair Luxembourg Airline and by a 30% reduction of the loss of our airline business. On our other markets, we ave also performed well, a reflection of our investments in particular in our fleet and the infrastructure for our cargo handling activity".

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