Mango expects to announce profit; competition remains tough in an overtraded market
01-Oct-2015 Multi-award winning low-cost airline Mango expects to post profit for its recently completed financial year 2014/15. The airline's bottom line result will be published before the end of October this year. A profitable outcome would make it the carrier's 7th profitable full fiscal (of 8 completed) where the carrier added two additional aircraft, increased frequencies on some trunk routes and further enhanced its wide distribution reach with the addition of its mobile apps across all major platforms among others. In less than a decade Mango has more than doubled its fleet, increased its network destinations by 150% and flown in excess of 14.2 million Guests over an average of 1400 flights a month.
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