Air Mauritius reports strong quarterly figures

Juliette O'Neill
By Juliette O'Neill August 24, 2016 13:44

Air Mauritius reports strong quarterly figures

Air Mauritius has reported a marked turnaround in profits following a €10 million loss for the first quarter of 2015. For the same period this year, the airline has posted a €2 million profit thanks to favorable fuel prices, cost cuts, improved load factors to 77.2%, and growing traffic numbers from and to China. Yields fell during the past quarter however by over 5% despite a 9% rise in passenger numbers, which outstripped the 7% rise in capacity.

The Air Mauritius Group for the 2015/16 financial year recorded profits of €16.5 million compared with a loss of €23.7 million in the previous financial year 2014/15.

Juliette O'Neill
By Juliette O'Neill August 24, 2016 13:44