Air Mauritius reports turnaround with EUR1.4m operating profit in 1QFY2017

Air Mauritius revenue up 3% - financial highlights for three months ended 30-Jun-2016:

• Revenue: EUR110.0 million, +2.7% year-on-year;
• Operating costs: EUR109.4 million, -7.7%;
• Operating profit: EUR1.4 million, compared to a loss of EUR10.5 million in p-c-p;
• Net profit: EUR2.1 million, compared to a loss of EUR9.7 million in p-c-p;
• Passenger numbers: 343,473, +9.0%;
• Passenger load factor: 77.2%, +2.1 ppts;
• Total assets: EUR352.9 million;
• Cash and short-term deposits: EUR65.4 million;
• Total liabilities: EUR264.7 million. [more - original PR]