Airline

Air Seychelles reports 2015 profits

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Air Seychelles reports 2015 profits

Air Seychelles has reported net profit of US$2.1 million in 2015 on revenues of US$105.4 million.

Air Seychelles passenger traffic rose by 22% to 522,873 passengers during 2015 on the back of a 7% rise in capacity measured in Available Seat Kilometres (ASKs) to 1.7 billion – 30% of which was driven by partner airlines, generating 41 per cent of Air Seychelles’ passenger revenue. The airline’s seat load factor rose by six percentage points to 66% in 2015. Air Seychelles carried 4,415 tonnes of freight in 2015.

Roy Kinnear, Chief Executive Officer of Air Seychelles, said: “We are proud to have been able to deliver on our mandate, which was to achieve strong growth, to become the region’s leading carrier and, most importantly, to do so as a commercially viable and profitable enterprise, while remaining one of the key drivers of economic growth in  Seychelles.

“The profit we have delivered in 2015 is, above all, a great sign for the future.  We have the right foundations in place going forward.