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NIKI doubles net profit in 2008: USD7.1 net profit

2-Apr-2009

Austrian LCC, NIKI, reported a record net profit of USD7.1 million in the 12 months ended 31-Dec-08, doubling its 2007 net profit and generating a net margin of 3.1%. Revenue rose 25%, as traffic increased 23% year-on-year to 2.1 million passengers, despite difficult trading conditions. NIKI expects a “good 2009” and is aiming to continue its strong performance by retaining to its growth strategy over the next 12 months. [417 words]

Unlock the following content in this report:

Subheadings:

  • Two E190s to join fleet

Graphs and data:

  • NIKI financial highlights for 12 months ended 31-Dec-08
  • Vienna International Airport capacity breakdown by carrier (seats per week as % of total)
  • NIKI fleet: Week commencing 23-Mar-09
  • NIKI fleet plan: 2009 to 2013
  • NIKI international capacity breakdown by market (seats per week as % of total)
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