- Luxair forecast a serious loss.
- The airline is 90pc hedged for 2026 and over 70pc for 2027.
- Feith noted package holidays will remain attractive.
- Luxair plans an all aircraft fleet of Embraer E2 and 737 MAX by the mid-2030s.
- Q400 operations are set to exit in 2029.
Luxair has forecast a serious loss for the year. CEO Gilles Feith noted the airline remains resilient. The carrier is 90pc hedged for 2026 and over 70pc hedged for 2027 at pre-war Iran prices.
The hedge cover insulates Luxair from an immediate cost hit. Feith noted the package holiday business will be attractive to travellers amid market uncertainty. The carrier is drawing from its COVID-19 playbook with network broadening and flexibility.
Luxair is renewing its fleet. By the mid-2030s the airline plans an all aircraft fleet of Embraer E2 and Boeing 737 MAX models. The Q400 fleet is tentatively set to exit operations in 2029.
