Air Mauritius Group and Company results for the Quarter ended 31 December 2016
For the quarter ended 31 December 2016, the Group recorded
profit of Eur 12.8 million as compared to profit of Eur 11.0
million for the quarter ended 31 December 2015. The Company
posted a profit of Eur 12.6 million as compared to a profit of Eur
10.5 million for the comparative period of last year.
Total passengers carried during the quarter increased by 7.7% to 450,188 as compared to 418,188 passengers carried during the quarter ended 31 December 2015. The number of seats offered increased by 7.5% and the Passenger Load Factor slightly increased from 80.6% to 81.1%. However, the passenger yield witnessed a drop of 6.0%. The operating revenue of the Company increased by 3.0% from Eur 131.1million to Eur 135.0 million whereas the operating expenses increased by 7.6% to reach Eur 120.6 million mainly on account of higher costs due to increased level of operations mitigated by slightly lower fuel costs.
Air Mauritius Group and Company results for the Nine Months ended 31 December 2016
The profit recorded in the third quarter significantly increased the Group and the Company profits for the nine months ended 31 December 2016 to Eur 28.7 million and Eur 28.1 million respectively. For the corresponding period last year, the Group and the Company had recorded profits of Eur 7.1 million and Eur 6.4 million respectively.
The number of passengers carried went up by 8.4% to reach a record level of 1,210,145 as compared to 1,115,890 during the nine months ended 31 December 2015. The number of seats offered increased by 6.7% and the Passenger Load Factor increased from 78.9% to 80.8%.
Operating revenue of the Company went up by 2.0% to reach Eur 375.9 million whereas operating expenses decreased by 2.2% from Eur 340.4 million to Eur 332.8 million mainly on account of lower fuel cost.