Peach Aviation reports third consecutive year of increased revenue and profit for FY2015

Dino D'Amore
By Dino D'Amore June 15, 2016 22:40

Peach Aviation reports third consecutive year of increased revenue and profit for FY2015

Peach Aviation has reported a third consecutive year of increased revenue and profit for FY2015. Revenue was up 29.1% year on year at JPY47,939 million (USD399.5 million). Operating profit was up 116% at JPY6181 million (USD51.5 million). Net profit was up 157% at JPY2744 million (USD22.9 million). Passenger numbers for the reported period hit 4.55 million.

Accumulated losses at the airline were eliminated during FY2015, which also marks its third consecutive year of revenue and profit growth.

Dino D'Amore
By Dino D'Amore June 15, 2016 22:40