Strong results from Fiji Airways

admin
By admin February 25, 2015 21:23

Strong results from Fiji Airways

Fiji Airways has reported a profit before income tax of $65.2 million compared to a profit before income tax of $8.3 million for the nine-month period ended December 31, 2013.

Air Pacific Ltd (the Group) reported a profit before income tax of $60.8m compared to a profit before income tax of $14.2m for nine-month period ended 31st December 2013.

On a net basis, Fiji Airways reported an after tax profit of $55.6m and the Group reported an after tax profit of $52.9m (versus after tax profits of $8.7m and $14.5m respectively for the nine-month period ended December 31, 2013.

Fiji Airways Group earned $770m revenue in 2014, compared to $541m for the nine-month period ended 31st December 2013. Passenger numbers rose by 4.5% compared to the previous year, flying 1,244,596 passengers in 2014. Load factor rose by 8.2% to 83% and average fare increased by 2.7%. Unit cost decreased by 2%.

admin
By admin February 25, 2015 21:23