Showing posts with label 2012/2013 Financial Year. Show all posts
Showing posts with label 2012/2013 Financial Year. Show all posts
Friday, September 27, 2013

■ SOUTH AFRICA: SA Express posts $65'000 profit for FY2012/13; plans fleet acquisition in 2H 2014.

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S A Express (XZ) has reported a small net profit of ZAR650'000 (USD64'930) on the back of a 14% rise in revenue for its 2012/13 Fin...
Wednesday, September 11, 2013

■ SOUTH AFRICA: Comair Ltd profits soar to USD23.1million for latest Financial Year.

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Comair Ltd has announced a significant improvement in its profitability for the 12-month period ending 30 June 2013. Revenue grew by 29% to...
Friday, September 6, 2013

■ TANZANIA: Precision Air posts a USD18.8million loss for FY2012/13.

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Tanzania's Precision Air (PW) has confirmed sustaining a hefty loss of TZS30.4billion (USD18.84million) for its most recent 2012/13 Fin...
Tuesday, September 3, 2013

■ SOUTH AFRICA: ACSA posts $97million profit for latest Financial Year despite drop in pax, traffic numbers.

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The Airports Company South Africa (ACSA) has announced a ZAR991million (USD96.97million) profit, buoyed by a 16% rise in its revenue for it...
Monday, September 2, 2013

■ ETHIOPIA: More 787s for Ethiopian as Tewolde announces profits for FY2012/13 hit $140mln.

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Despite the airliner's initial teething problems initial teeth problems and the grounding of one of its five B787-8s, ( MSN 34744 | ...
Friday, August 16, 2013

■ TANZANIA: Precision Air to post loss during latest Financial Year; asks government for $32mln in funding.

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Tanzania's Precision Air (PW) will this year post a heavy loss, the airline’s board chairman, Mr Michael Shirima, has announced. In add...
Monday, July 29, 2013

■ MAURITIUS: Air Mauritius holds annual AGM; re-elects board.

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Mauritian national carrier, Air Mauritius (MK), held its Annual Meeting of shareholders at the Grand Baie International Conference Centre i...
Thursday, July 25, 2013

■ SOUTH AFRICA: Denel SOC posts strong $7.3million net profit for 2012/13 Financial Year as revenue grows 10%.

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South African state owned aerospace and defence technology conglomerate, Denel SOC Ltd, has posted a net profit of USD7.33million (ZAR71mil...
Friday, July 5, 2013

► ETHIOPIA: One more 777 for Ethiopian as Gebremariam is upbeat about this year's bottom line.

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Ethiopian Airlines (ET) has taken delivery of its sixth Boeing 777-200LR ( MSN 43814 | ET-AQL ) at a ceremony held at Addis Ababa Bole In...
Monday, June 17, 2013

■ KENYA: Kenya Airways posts net loss of USD92million for latest Financial Year.

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Kenya Airways (KQ) has posted a net loss of USD92million (KES7.86billion) for its 2012/13 Financial Year, compared with a profit of  USD1...

■ MAURITIUS: Despite posting a $3million loss for 2012/13, Air Mauritius confident of profit in 2013/14.

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Air Mauritius (MK) has reported a pre-tax loss of USD3.07million (EUR2.6million) for its 2012/13 Financial Year, on the back of oil prices ...
Tuesday, June 11, 2013

■ RÉUNION: Air Austral sees overall losses for FY2012/13 drop by 40%.

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La Réunion's Air Austral (UU) has announced a turnaround in its fortunes, roughly one year on from the appointment of Mr Marie-Joseph...
Thursday, April 25, 2013

■ KENYA: Kenya Airways releases its Operations Report for Q4 2012/2013 (January - March).

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Kenya Airways (KQ) has released its Operations Report for the Fourth Quarter of 2012/2013; January 1 to 31st March 2013.
Tuesday, April 9, 2013

► ETHIOPIA: Ethiopian revenue on course for 2013 target as Ministry prepares final air transport liberalization law.

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Ethiopian Airlines (ET) has, in the first 8 months of its 2012/2013 Financial Year, generated USD1.35billion (ETB25.1billion) in revenue ...
Monday, March 18, 2013

■ SEYCHELLES: Air Seychelles officially announces $1mln profit for FY2012/2013.

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Following three years of losses, Air Seychelles (HM), the national airline of the Seychelles, today officially reported a net profit of U...
Sunday, March 17, 2013

■ EGYPT: Egyptair losses total $880million since 2011 Revolution: al-Maddawy.

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Egypt's Minister of Civil Aviation, Wael al-Maddawy, says Egyptian national carrier, Egyptair (MS), has posted continuous losses of USD...
Thursday, February 14, 2013

■ MAURITIUS: Viljoen's leadership beginning to pay off as Air Mauritius continues to improve, but not out of woods yet.

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Mauritian national carrier, Air Mauritius (MK), is beginning to reap the rewards of its envisioned 7 Step Recovery Plan amid reports that i...

■ SOUTH AFRICA: Comair Ltd posts $9mln profit for H2 2012 as Middle Eastern carriers begin to bite.

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South Africa's Comair Ltd, the owners of LCC Kulula (MN) the BA Comair franchise, has posted an after-tax profit of USD8.97million (ZAR...
Monday, January 28, 2013

■ KENYA: Kenya Airways releases its Operations Report for Q3 2012 (October - December).

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Kenya Airways (KQ) today released its Operations Report for the Third Quarter of 2012; October to 31st December 2012.
Sunday, January 20, 2013

■ KENYA: Hunt on for new Kenya Airways' Commercial Director after Mohan Chandra's contract is not renewed.

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Kenya Airways (KQ) has appointed its Head of Network Planning, Jimmy Kebati, as its interim Commercial Director, after previous director, M...