COMPANIES & STRATEGIES - INDUSTRY

Aviation

Findel downturn in flights among lowest in EU



A terminal at lux-Airport in Findel Photo: Anthony Dehez

A terminal at lux-Airport in Findel Photo: Anthony Dehez

Commercial flights from Luxembourg’s airport in Findel dropped 23.5% between August 2019 and the same month this year, one of the lowest decreases in the EU, Eurostat data shows.

The European statistics office on Tuesday published a report on commercial flights in the EU, with the aviation industry showing signs of recovery. Flights picked up by 48% in August this year compared to 2020, Eurostat said, but remained well below 2019 levels.

In the last pre-pandemic summer, the number of commercial flights in the EU was 696,000. It dropped to 325,000 in August 2020 and rose again to 479,000 last month.

Greece (-7%), Romania (-18%) and Croatia (-22%) saw the smallest decreases in flights between August 2019 and 2021, followed closely by Luxembourg (-23.5%) and Malta (-23.7%).

On the other end of the spectrum, flights decreased by more than half in Finland (-60%), Ireland (-55%), Slovenia (-54%), Slovakia (-52%) and Czechia (-51%). The EU average was at -31.2%.

Passenger numbers at Luxembourg’s airport dropped by 68% in 2020 compared to the year before, operator lux-Airport’s annual report shows. Turnover decreased from €63m in 2019 to €37m last year, resulting in a €4m loss for the last financial year.

The grand duchy’s national carrier Luxair in 2020 posted a 71% drop in passengers for regular flights and 66% for package holidays. Revenue fell by more than half, resulting in a net result of -€154.9m, compared to an €8m profit in 2019.