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Showing posts with label Q1. Show all posts
Showing posts with label Q1. Show all posts

Monday, August 12, 2013

■ MAURITIUS: Air Mauritius sees further losses during Q1 of its 2013/14 Financial Year.

Air Mauritius
Air Mauritius Group and Company have posted their results for Q1 of their 2013/2014 Financial Year which ended 30 June 2013 with losses of EUR8.1million (USD10.83million) and EUR8.3million (USD11.1million) respectively. Despite the red, the figures are an improvement on the same period for its previous financial year in which it posted losses of EUR10.2 million and EUR10.4 million respectively.

Monday, August 5, 2013

■ KENYA: Kenya Airways releases its Operations Report for Q1 FY2013/14.

Kenya AirwaysKenya Airways (KQ) has released its Operations Report for the First Quarter of its 2013/14 Financial Year. Overall, the company put into the market place a total capacity of 3'464million seat kilometres which gives a year on year growth of 3.0%.  During this quarter the airline successfully launched three weekly operations into Livingstone, the third destination in Zambia after Lusaka and Ndola.

Sunday, August 12, 2012

► MAURITIUS: Despite record passenger numbers, Air Mauritius still in the red for Q1 2012.

Air Mauritius
Despite having increased passenger numbers by 7.4 % on Q1 2011 to 292'449, persistently high global oil prices coupled with the Eurozone crisis have eaten away at Air Mauritius' (MK) profits for the first quarter of the 2012 Financial Year. Overall the company posted a net loss of €10.4million - a 12% improvement on the airlines' performance in 2011 - which it claims, would have been significantly less at just €2.4million had it not been for a weaker Euro/US Dollar exchange rate.


Wednesday, July 25, 2012

■ KENYA: Kenya Airways releases its Operations Report for Q1 FY2012.

Kenya Airways
Kenya Airways (KQ) today released its Operations Report for the First Quarter of its 2012 Financial Year. For the layman, it is essentially a run down of how many seats are being offered on a particular route i.e capacity, and how well their product (i.e seats) are selling.