Swiss International Air Lines (LX) reported its first-half profit dropped 53% to CHF61 million ($63.8 million) compared to CHF129 million in the year-ago period.
Swiss International Air Lines A330-300. By Rob Finlayson Swiss International Air Lines (LX) reported its first-half profit dropped 53% to CHF61 million ($63.8 million) compared to CHF129 million in the year-ago period. LX said the second quarter was a tough environment for the industry; yield remains under pressure and fuel costs remain high. Revenue dropped 42% to SFR65 million for the April-June period compared to last year. CEO Harry Hohmeister said LX has been affected by the ...
Subscribe to Access this Entire Article
"Swiss profit drops 53% in 1H" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.
