Showing posts with label Loss. Show all posts
Showing posts with label Loss. Show all posts
Tuesday, October 1, 2013

■ TANZANIA: fastjet posts $24.9million loss for 1H 2013; turns to Zambia, Malawi for next route roll out.

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fastjet (FN) has announced a USD24.9million EBIT loss for the first half of its 2013 Financial Year ended 30 June 2013. In its statement, t...
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, August 27, 2013

■ EGYPT: Despite heavy sustained losses, Fadel outlines his longterm vision for Egyptair.

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Egyptian Minister of Civil Aviation, Mr Abdul Aziz Fadel, says the current Egyptian government is determined to map out the future for a N...
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, August 12, 2013

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

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Air Mauritius Group and Company have posted their results for Q1 of their 2013/2014 Financial Year which ended 30 June 2013 with losses o...
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...
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...
Monday, June 10, 2013

■ EGYPT: Egyptair's losses to narrow by 57% during this financial year; EHCAAN's profits to rise 15% - El-Maadawy.

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Egyptian Minister of Civil Aviation, Engineer Wael El-Maadawy, has announced that Egyptian national carrier, EgyptAir (MS), is expected to ...
Sunday, April 28, 2013

■ SOUTH AFRICA: Forensic audit reveals $20million loss for SA Express in FY 2010/2011.

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Following a long, painstaking forensic audit, South African Express (SA Express) (XZ) has finally released its 2010/2011 Financial Year res...
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...
Monday, November 26, 2012

■ SOUTH AFRICA: Group SAA finally releases its 2011/2012 Financials; records USD163.2million operating loss.

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South African Airways (SA) has at long last, released its financial report for the Financial Year 2011/2012 ending 31 March 2012. In its br...