ANOTHER LOSS FOR AIR MAURITIUS; OUTLOOK “CHALLENGING”

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By admin August 15, 2011 08:39

ANOTHER LOSS FOR AIR MAURITIUS; OUTLOOK “CHALLENGING”

Air Mauritius has posted another loss of over €11 million due to slower-than-expected demand and high fuel costs. One source conceded that the outlook was “challenging” for the rest of the current year in view of the fallout of the euro zone crisis and holiday patterns from key European markets to Mauritius.

The government in Mauritius had been under pressure from the island’s hospitality industry to allow more flights into the island by foreign airlines. However, it may decide to protect the fortunes of its national airline or follow in the footsteps of the Seychelles, which has opened the skies for foreign airlines.

admin
By admin August 15, 2011 08:39
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