Air Mauritius Group reported a net loss of €6 million ($7.4 million) for its fiscal year ended March 31, narrowed from an €85.3 million deficit in the prior year, and said it would have posted a €32.6 million profit for the year absent €38.5 million in fuel hedge losses. Revenue declined 16.6% to €371.7 million owing to lower capacity and declining yields while expenses dropped 24.6% to €346.8 million, producing a €24.9 million operating profit before ...

Subscribe to Access this Entire Article

"Air Mauritius Group narrows fiscal-year net loss to €6 million" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.