Tunisair posts 29% rise in revenues, end of March 2023

Tunisair posts 29% rise in revenues, end of March 2023

“The national carrier Tunisair posted a 29% rise in its transport revenues to nearly TND 292 million during the first quarter (Q1) of 2023,” in accordance with exercise indicators launched on Friday by the Tunis Inventory Change.

That is because of the improve of 24% in the quantity of passengers from 412 thousand on the end of March 2022 to 509 thousand on the end of March 2023.

On the similar time, the typical income per passenger (common flights) and per flight hour (charters) grew by 5.3% and 5% respectively, in Q1 2023.

Nonetheless, the market share of the nationwide service dropped from 33.1% to 28.8%.

Likewise, the fleet punctuality decreased from 42% to 37%.

In phrases of bills, the development of the exercise was coupled with a pointy improve in gasoline bills by 85% to TND 109.1 million, and airport charges by 42% to TND 49.2 million.

Plane hire bills had been up by almost TND 10 million because of the entry into operation of new aircrafts purchased by Tunisair below leasing.

The service’s indebtedness fell by 16% to TND 766.5 million consequently of the resumption of repayments on native loans restructured in the course of the COVID-19 interval.

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