Fiji Airways Group’s operating profit jumps to $9.3 million for the first half

Fiji Airways Group (Fiji Airways and Fiji Link) (Suva, Fiji) reported its unaudited interim results for the first half of 2014, announcing a massive increase in operating profits compared with the corresponding period last year. The Group, legally known as Air Pacific Limited, comprises of Fiji Airways (Fiji’s National Airline), its subsidiary Fiji Link and a 38.75% stake in the Sofitel Fiji Resort & Spa on Denarau Island. The Group recorded an underlying operating profit of $17.2 million FJD ($9.3 million US) from January 1 to June 30, 2014.

Stefan Pichler, Managing Director and CEO attributed the strong performance to higher load factors, more efficient cost management, streamlined management structures and a highly motivated staff.

Fiji Airways’ load factor increased by 10 percent in the first six months.

Fiji Airways Slide Show: CLICK HERE