Air Mauritius Group reports minor loss for H1FY2018/19

Air Mauritius Group reported (14-Nov-2018) the following financial highlights:

• Three months ended 30-Sep-2018:
  • Revenue: EUR146.2 million, +7.0% year-on-year;
  • Operating expense: EUR141.5 million, +23.3%;
    • Fuel: +51%;
  • Operating profit (loss): (EUR2.4 million), compared to a profit of EUR14.8 million p-c-p;
  • Net profit (loss): (EUR2.8 million), compared to a profit of EUR11.8 million in p-c-p;
  • Passengers: 464,689, +8.8%;
  • Passenger load factor: 81.3%, +0.6ppt;
• Six months ended 30-Sep-2018:
  • Revenue: EUR268.2 million, +5.9%;
  • Operating expense: EUR272.7 million, +21.5%;
    • Fuel: +44%;
  • Operating profit (loss): (EUR19.7 million), compared to a profit of EUR15.1 million in p-c-p;
  • Net profit (loss): (EUR17.7 million), compared to a profit of EUR6.6 million in p-c-p;
  • Passengers: 867,733, +7.1%;
  • Passenger load factor: 79.3%, stable;
  • Total assets: EUR371.5 million;
    • Cash and cash equivalents: EUR18.4 million;
  • Total liabilities: EUR292.6 million. [more - original PR]