Air Mauritius hit by downturn in tourism

Saturday, 14 Jun, 2012 0

Air Mauritius has reported a full-year net loss of US$36.5 million for 2011-12, blaming a “stagnant airline industry in general and a slowdown in tourism in Mauritius—reflecting problems in Europe in particular”.

The airline cited rising fuel costs for the greatest impact on operating costs.

The losses came when the airline reported carrying a record number of passengers and strong operating revenue.

Despite “tough and growing competition,” MK flew more than 1.3 million passengers, up 2.3% on the previous year—an all-time high for the airline.

However, passenger load factor for 2011-12 was down to 77.1% from 79.8% in 2010-11, and a high of 80.6% in 2009-10.

At the end of May, the carrier suspended flights to Milan, Sydney and Melbourne, with Frankfurt and Geneva following at the end of August, and Durban at the end of October.



 

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Bev

Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.



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