Third Quarter Loss Registered By CityBird Attributed To Startup Costs

CityBird, Belgium's low-cost, long-haul carrier, racked up a substantial operating loss for its third quarter. The airline said heavy startup costs and advertising charges were the main causes for the deficit. CityBird S.A., based in Brussels, suffered an operating loss of 467 million Belgian francs...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.