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Air Mauritius improves first quarter loss and eyes full-year profit despite high fuel costs


Although Air Mauritius reported a first quarter loss, as it has done for the past three years, the loss for the quarter ending Jun-2011 showed an improvement year-on-year, and comes despite fuel prices decreasing profits globally. Passenger numbers are up, reflecting a continuing rise in tourist numbers to the island nation. As Mauritius continues to look to Asia Pacific for better trade and foreign relations, the national carrier launched services to China, and is considering establishing Kuala Lumpur as a base for future Asian expansion. Part of this will necessarily involve the easing of access restrictions to/from Mauritius. The nation, and the airline, need to shift focus away from traditional source markets in Europe to drive future revenue. [1787 words]

Unlock the following content in this report:


  • First quarter losses continue
  • Consistent traffic increases helped by additional services to Asia
  • Mauritius’ restrictive air market
  • Visitor arrivals slowly rising
  • Mauritius Airport reports net profit and passenger increase
  • Looking to China for better trade and air service
  • FY2011/12 results will be challenged
  • Heavy dependence on traditional markets slowing the country’s growth

Graphs and data:

  • Air Mauritius net loss (EUR million), first quarters from 2008-2011
  • Air Mauritius operating revenue (EUR million), first quarters from 2008-2011
  • Air Mauritius’ share price, Aug-2011
  • Air Mauritius passenger load factor, first quarters from 2007-2011
  • Key characteristics of the ASAs on the Top 20 origin and destination markets in Mauritius, 2009
  • Mauritius capacity (seats per week, system) by carrier (15-Aug-2011 to 21-Aug-2011)
  • Seychelles capacity (seats per week, system) by carrier (15-Aug-2011 to 21-Aug-2011)
  • Mauritius top 10 markets by visitor arrivals in 2009 and 2010
  • Airports of Mauritius passenger numbers and passenger numbers growth: 2000 to 2010
  • Mauritius-China trade levels, 1996-2006
  • Air Mauritius route map (as of Sep-2011)
  • Ranking: Top carriers operating between East Africa and South East Asia (22-Aug-2011 to 28-Aug-2011)
  • Ranking: Top carriers operating between East Africa and North East Asia (22-Aug-2011 to 28-Aug-2011)
  • Mauritius’ trade with main partners (2010)
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