Luxair: how to ride out a storm
17 / 01 / 2013
One of the ways the company has coped with the economic downturn and managed to keep its costs under control is by maximising the contributions of a team of skillful personnel.
“Our flexible arrangement means that, across the group, our adaptable staff have been carrying out some ramp and passenger aircraft handling duties,” reveals Stahl.
Unsurprisingly, Stahl has no intention of making any rash decisions in the face of such continued economic uncertainty. Instead she is engaged in what she descr-ibes as ‘crisis management’.
“We’re planning with the same numbers in mind – or for a further tonnage drop at the beginning of 2013,” she continues. “I have no cert-ainty anymore. I think that’s the biggest problem – our customers don’t know, in fact, nobody really knows, where all of this is leading.”
“The Middle East is a region we were not so well connected to before, so we are delighted to have a Middle Eastern car-rier here,” enthuses Stahl. “We want to have more clients with such a diversified portfolio.”
Once completed, the 3,000-sq m infrastructure will boast two temperature zones. It will also house 70 temperature-controlled ULD positions ranging from 2° to 25°C.
Stahl is confident Luxair will eventually enjoy a healthy return from the state-of-the-art complex, by attracting major pharmaceuticals companies, which routinely transport their products worldwide by air.
“If I do not invest today, what is the loss I am going to experience if, as a result, pharmaceuticals companies dec-ide to no longer use Luxembourg at all?” argues the EVP.
“When we looked at the numbers – the growth rates for pharmaceuticals sales – and the potential that Luxair has to provide a low-risk airport product to the end client, which is the pharmaceuticals company, then we believe we will get a return.”
Stahl has stiffe-ned her resolve in preparat-ion for what 2013 may bring amidst the global economic crisis and the decline in demand.
“We are not making any major decisions. We’re going to have to take it as it comes,” she declares.
“I think we have managed quite well throughout 2012. It remains to be seen what happens next year.”