24-Jan-2013 12:34 PM

Solaseed Air outlines medium-term management plan

Solaseed Air released (23-Jan-2013) its 2013-2015 medium-term management plan, which details the following highlights:

  • Fleet: 11 Boeing 737-800 aircraft by the end of 2014;
  • Operations: Targeting on-time departure rate of at least 95.0%;
  • FY2013 forecast:
    • Sales: JPY33,400 million (USD428.2 million);
    • Operating profit: JPY1700 million (USD21.8 million);
    • Operating margin: 5.2%;
    • Net profit: JPY700 million (USD9.0 million);
    • Unit cost: JPY8 (USD 9.0 cents);
    • Seat capacity: +22% year-on-year;
  • FY2014 forecast:
    • Sales: JPY34,800 million (USD446.2 million);
    • Operating profit: JPY2400 million
    • Operating margin: 7.0%;
    • Net profit: JPY800 million
    • Unit costs: JPY7.9 (USD 10.1 cents);
    • Seat capacity: +28% when compared to FY2012;
  • FY2015 forecast:
    • Sales: JPY35,200 million (USD451.3 million)
    • Operating profit: JPY2800 million (USD35.9 million);
    • Operating margin: 8.2%;
    • Net profit: JPY1700 million (USD21.8 million);
    • Unit costs: JPY7.8 (USD 10.0 cents);
    • Seat capacity: +28% when compared to FY2012. [more - original PR - Chinese]

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