Luxair


Luxair, legally Luxair S.A., Société Luxembourgeoise de Navigation Aérienne, is the flag carrier airline of Luxembourg with its headquarters and hub at Luxembourg Airport. It operates scheduled services to destinations in Europe, North Africa, the Mediterranean and Middle East with additional charter and seasonal services. It is Luxembourg's only passenger-carrying airline offering regular, non-charter service.

History

Early years

Descended from Luxembourg Airlines, founded in 1948, Luxair was starting to be set up in 1961 to meet the growing demand for air links between Luxembourg and other European cities. In 1962, Luxembourg Airlines became Luxair and began flights by launching a Luxembourg–Paris route with a Fokker F27 Friendship.
From 1964 to 1969, Luxair operated three Lockheed L-1649A Starliner aircraft in a co-operative agreement with Trek Airways, from Luxembourg to Johannesburg. The Starliners were painted in Luxair livery and were registered in Luxembourg. By 1967, Luxair's fleet consisted of three Fokker F27 Friendships and one Vickers Viscount. The latter was written off in a non-fatal accident in 1969 and replaced the following year by the airline's first jet airliner, a Sud Aviation Caravelle. The first Boeing aircraft, a 737-200, joined the fleet in 1977.
Over the years, Luxair gradually introduced further jet aircraft: Boeing 747SPs, Boeing 737-400s and Boeing 737-500s; as well as Fokker 50 turboprops and Embraer jets.

Development since the 2000s

In March 2003, Luxair ordered two new Boeing 737-700s to replace its older Boeing aircraft. The first of the new aircraft was delivered on 18 February 2004. A third aircraft was ordered in August 2003 and delivered in January 2005. Later, at the same time during that same year, a new logo was launched on 21 December 2003. This time, the 42-year-old paperfly-logo is confined to history after 42 years, and by that, it gets replaced by something else new that will become a flying boomerang that symbolizes a new visual identity.
In an effort to move to an all-jet fleet, the last Fokker 50 aircraft was withdrawn from service in April 2005. The rising cost of oil made operating regional jets increasingly difficult. To lessen its exposure, Luxair decided to reintroduce turboprop aircraft, and in June 2006 it signed a firm order with Bombardier Aerospace for three Dash 8-Q400s, plus three options. The last of the three aircraft was delivered in September 2007. Two additional Q400s were ordered later.
In October 2008, Luxair decided to place an order for its first Boeing 737-800. This aircraft replaced the last Boeing 737-500 in Luxair's fleet and facilitated Luxair's offer on its holiday destinations. In 2009, the airline was awarded as the most punctual scheduled operator at London City Airport during 2008 by Flight on Time, based on CAA statistics. In 2011 Luxair carried 1,302,771 passengers.
In 2013 and 2014, two new Boeing 737-800s fitted with the brand new Boeing Sky Interior became part of the fleet, which enabled Luxair to retire the last Boeing 737-500 from service.
In July 2015, Luxair's minority shareholder Lufthansa announced it would sell its 13 percent stake in the airline that it had held since 1993. The government of Luxembourg was named as the preferred buyer. In November 2015, the sale was finalized when Lufthansa sold its entire stake to the state of Luxembourg. Luxair also announced it would stop flying its route to Frankfurt Airport previously operated on a codeshare with Lufthansa as the latter started the same route itself. Luxair is still part of the Lufthansa frequent flyer program Miles & More.
After the bankruptcy of Air Berlin, Luxair announced they would begin flying from Saarbrücken Airport to Berlin Tegel Airport. Luxair leased a Bombardier CRJ700 from Adria Airways based in Saarbrücken.

Corporate affairs

Ownership

As of November 2015, after Lufthansa sold its shares, the airline is owned by the State of Luxembourg, Banque et Caisse d'Épargne de l'État, Banque Internationale à Luxembourg, the Luxair Group and others. In total, the State of Luxembourg owns 74.98% of the company through various state-owned corporations and through its holding of 10% of Banque Internationale à Luxembourg.

Business trends

The key trends for the Luxair Group over recent years are shown below :

2009201020112012201320142015201620172018
Turnover 383409429447472495505498535593
Net profit 1.38.93.61.31.844.156.6
Number of employees 2,3342,3172,3442,3092,2882,3942,4962,6862,6582,828
Number of passengers 1.181.251.301.371.511.681.811.841.932.13
Passenger load factor 72.973.872.473.475.374.572.871.671.672.6
Cargo carried 672735678638693725759822940957
Number of aircraft 161717
Notes/sources

Destinations

Codeshare agreements

Luxair has codeshare agreements with the following airlines:

Current fleet

, the Luxair fleet consists of the following aircraft:

Historical fleet