Fiji Airways plans modest growth and focus on local market as profitability continues to improve

Fiji Airways is planning modest growth over the next five years as it focuses on further improving its profitability. The flag carrier has been profitable for four consecutive years and recorded a record half year profit in 1H2014 but CEO Stefan Pichler sees potential for even higher margins.

Mr Pichler just completed his first year at Fiji Airways and has been concentrating on improving the group's management structure and customer service. He also has implemented a new five-year business plan that focuses on sustained profitability with an average growth of only 3.5% per annum.

Fiji Airways, which was known as Air Pacific until mid-2013, has benefited from widebody fleet renewal following the delivery of three A330-200s in 2013. In 2014 it has turned its attention to renewing the fleet at recently rebranded turboprop operation Fiji Link.