Air Seychelles (HM) has announced Q3 revenues of USD$13.8 million, up 23% on Q2, as the airline's restructuring programme, initiated in February of this year, took effect in the drive towards profitability for 2012. The growth in revenues was led by a 51% quarter-on-quarter increase in passengers, up from 53,066 to 79,887, as seat factors rose from 43% to 60%. Air Seychelles’ management team is confident that the airline will achieve its target of profitability in 2012, marking a major turnaround after several years of heavy losses. 
Showing posts with label Cramer Ball. Show all posts
Showing posts with label Cramer Ball. Show all posts
Wednesday, October 10, 2012
■ SEYCHELLES: Etihad partnership starting to pay off as Air Seychelles quarterly revenues up 23%.
Air Seychelles (HM) has announced Q3 revenues of USD$13.8 million, up 23% on Q2, as the airline's restructuring programme, initiated in February of this year, took effect in the drive towards profitability for 2012. The growth in revenues was led by a 51% quarter-on-quarter increase in passengers, up from 53,066 to 79,887, as seat factors rose from 43% to 60%. Air Seychelles’ management team is confident that the airline will achieve its target of profitability in 2012, marking a major turnaround after several years of heavy losses. 
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