Strike will cost Brussels Airlines €9.4 million

Strike will cost Brussels Airlines €9.4 million

The financial impact of the two-day strike announced by the pilots of Brussels Airlines will amount to €4.7 million per day or about €9.4 million in total, reported media on Friday. The unions representing the pilots announced a strike for Monday 14 and Wednesday 16 May due in particular to the lack of an agreement with the management on the evolution of the salaries of the pilots.

The labour conflict comes at a delicate time for Brussels Airlines which reported losses of €26 million euros in the first quarter of 2018.

A day of strike generates €4.7 million of losses for the company, according to the airline company. The figure includes compensations to be paid to passengers adversely affected in the event of a strike since it is not considered a case of force majeure.

In all, 60,000 passengers and 557 flights to and from Brussels Airport will be affected, the company said. Brussels Airlines estimates that 75% of the flights will be canceled.

The Brussels Times

 


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