Loading
6-Sep-2013 1:34 PM

Air Malta almost halves operating loss in 1QFY2014

Air Malta reported (05-Sep-2013) the following financial highlights for three months ended 30-Jun-2013:

  • Revenue: EUR62.4 million, +10.1% year-on-year;
  • Operating profit (loss): (EUR3.3 million), compared to a loss of EUR6.1 million in p-c-p;
  • Net profit (loss): (EUR4.9 million), compared to a loss of EUR10.6 million in p-c-p;
  • Passenger numbers: 498,692, +6.2%;
  • Passenger load factor: 74%;
  • Ontime performance: 84.6%. [more - original PR]

Air Malta: "Let me make myself absolutely clear. Our challenges are still significant and this year we have a tough challenge to achieve the financial breakeven milestone," Peter Davies, CEO. Source: Company statement, 05-Sep-2013.

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More