Air Mauritius Group and Company results for the Quarter ended 30 September 2015
For the quarter ended 30 September 2015, the Group and the Company recorded profits of Eur 5.8 million and Eur 5.7 million respectively. For the corresponding quarter of last year, the Group and the Company had recorded profits of Eur 0.5 million and Eur 0.6 million respectively.
In July 2015, a direct weekly flight was launched to Chengdu, in addition to the existing direct flights to Shanghai, Beijing and Hong Kong.
Total passengers carried during the quarter increased by 11.7% to 382,604 as compared to 342,233 passengers carried during the quarter ended 30 September 2014. The number of seats offered increased by 4.5% and the Passenger Load Factor increased from 74.3% to 80.4%. Operating revenue increased by 5.1% from Eur 124.8 million to Eur 131.1 million whereas the operating expenses increased by 2.5% to reach Eur 118.5 million mainly on account of the depreciation of Euro.
Air Mauritius Group and Company results for the half year ended 30 September 2015The profit recorded in the second quarter reduced the Group and the Company losses for the half year ended 30 September 2015 to Eur 3.9 million and Eur 4.1 million respectively. For the corresponding period last year, the Group and the Company had recorded losses of Eur 6.2 million and Eur 6.3 million respectively.
The number of passengers carried went up by 8.8% to reach 697,702 as compared to 641,158 during the half year ended 30 September 2014. Seat capacity increased from 914,047 to 948,528 and the Passenger Load Factor went up from 73.2% to 77.9%.
Operating revenue of the Company went up by 3.7% to reach Eur 237.6 million whereas operating expenses increased by 4.2% from Eur 219.1million to Eur 228.3 million mainly on account of a weaker Euro. The average EUR/USD rate for the half year ended 30 September 2015 stood at 1.11 as compared to 1.35 for the period April 14-September14.