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Fiji Airways reports second year of sustained operating profit

24-Jul-2013 10:22 AM

Air Pacific Group revenue up 2% – financial highlights for 12 months ended 31-Mar-2013:

  • Revenue: USD386.4 million, +1.8% year-on-year;
    • Fiji Airways: USD369.1 million, +2.1%;
  • Profit before tax: USD12.5 million, +57.7%;
    • Fiji Airways: USD10.1 million, +9.1%;
  • Profit after tax: USD10.0 million, +66.4%;

*Based on the average conversion rate at USD1 = FJD1.7873

Fiji Airways: “Just three short years ago we experienced the biggest loss in our history, so a second year of sustained operating profit is a good result. Our focus is now on inducting our new A330s and expediting efficiencies in our fleet and schedule this year,” Nalin Patel, Chairman. Source: Company statement, 23-Jul-2013.