ASKY Airlines reports record USD4m net profit in FY2015

ASKY Airlines reported (03-Jul-2016) a CFA2.2 billion (USD3.7 million) net profit in FY2015. CEO Henok Teferra commented: "Despite the daunting challenges of the operating environment in West and Central Africa characterised by much higher operating costs than in other regions and the decline in travel demand due economic slowdown triggered by a sharp fall in commodity prices, we were able to successfully navigate through these difficulties and attain a historical result." He added: "This achievement encourages us to pursue our current growth plan with the introduction of new fleet and the start of long haul destinations, with a view to better serve the travel needs of the region thru our main hub in Lomé." [more - original PR]