Air Seychelles turns first profit in four years

Air Seychelles has recorded a 2012 net profit of $1 million, fulfilling its prediction it would breakeven after three years of heavy losses. Airline officials credited much of the turnaround to the strategic link created last year with Abu Dhabi’s Etihad Airways , which took a 40% stake in Air...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.