Blue Swan Daily – 7th May, 2019
The Fiji Airways Group has boosted annual revenues above FJD1 billion for the first time in its 67 year history, but this milestone for the 12 month period ending 31-Dec-2018 was soured by an almost halving of pre-tax profits.
The financial results for the calendar year show revenue up 10% from FJD929 million in 2017 to FJD1.02 billion and was driven by both fleet and network growth. In a year that also saw the airline join the oneworld global alliance as its first ever oneworld connect member and sign new, and strengthened codeshare relationships with partners including; Alaska Airlines, British Airways, Singapore Airlines and SilkAir, Fiji Airways introduced three brand new DHC-6 Twin Otter aircraft and a Boeing 737 MAX 8 to its fleet. Read more…
