ATTORNEY GENERAL ANNOUNCES FIJI AIRWAYS PROFIT

 In Employee Benefits and the Civil Service, Infrastructure and Transportation, News, Transport

The Fiji Airways Group has announced its highest ever profit before tax of F$95.8 million for the fiscal year that ended December 31, 2017, a 13.4% increase over the previous financial year. The announcement was made at the airline’s Head Office in Nadi by the Fijian Attorney General and Minister responsible for Civil Aviation, Hon. Aiyaz Sayed-Khaiyum. The Group comprises of Fiji Airways, Fiji’s National Airline; its subsidiaries Fiji Link; Pacific Call Comm. Ltd; plus a 38.75% stake in the Sofitel Fiji Resort & Spa on Denarau Island. Results Highlights:  Group revenue was F$929 million compared to F$825.3 million for the previous year ended 31st December 2016 (up by 12.5%)  Group profit before tax was F$95.8 million compared to F$84.5 million for the previous year ended 31st December 2016  The Group carried 1.6 million passengers compared to 1.4 million for the previous year ended 31st December 2016 (up by 14.3%)  Profit-share for non-management staff and minimum bonus for management increased by 10% compared to the previous year.

[Information sourced from here]
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