Fiji Airways announces record half year profits
August 19, 2015 1:29 am
Fiji Airways has set a new profit record for the first six months of this year, reporting an operating profit before tax of $17.5 million.
A statement by the airline says the result constitutes a solid improvement on its profit of $15.4 million for the same period last year and is the highest six-monthly result in the company’s history.
The profits represent the earnings of the Fiji Airways Group which comprises Fiji Airways, its subsidiaries Fiji Airlines Limited (trading as Fiji Link) and Pacific Call Comm Ltd, plus a 38.75 per cent stake in Richmond Limited, owners of the Sofitel Fiji Resort and Spa on Denarau Island.
The Chairman of Fiji Airways, Nalin Patel, commends staff for what he describes as “yet another outstanding performance” for the first half of 2015.
The result is warmly welcomed by the Attorney General and Minister for Aviation, Aiyaz Sayed-Khaiyum, who says it’s laid a solid foundation for the airline’s future growth, including new routes and new aircraft.