Air Mauritius losses narrow in 1QFY2014

Air Mauritius revenue down 5% - financial highlights for three months ended 30-Jun-2013:

• Operating revenue: EUR99.4 million, -5.3% year-on-year;
• Operating costs: EUR100.9 million, -7.0%;
• Operating profit (loss): (EUR7.9 million), compared to a loss of EUR8.2 million in p-c-p;
• Net profit (loss): (EUR8.1 million), compared to a loss of EUR10.2 million in p-c-p;
• Passenger numbers: 279,180, -4.5%;
• Passenger load factor: 73.8%, -0.8 ppt;
• Total assets: EUR343.1 million;
• Cash and short-term deposits: EUR10.0 million;
• Total liabilities: EUR278.1 million. [more - original PR]