Fiji Airways Group Announces Record Profit of Roughly $34 Million

fiji airwaysThe Fiji Airways Group has had another record year of growth, announcing profits before tax of roughly $34 million for the fiscal year, which ended December 31.

The Fiji Airways Group, comprising Fiji Airways, Fiji’s national airline, its subsidiaries Fiji Link & Pacific Call Comm Ltd. and a 38.75 percent stake in the Sofitel Fiji Resort & Spa on Denarau Island, reports that profits are up by 15.5 percent, passenger numbers are up by 7.4 percent and revenue has increased by 6.3 percent.

Group revenue was roughly $392 million compared to about $369 million for the year ending December 31, 2014.

Group profit before tax was about $38 million compared to roughly $29 million for the year ending December 31, 2014.

All international markets performed strongly for the Group, with the core markets of Australia and New Zealand delivering reasonable returns, coupled with strong growth from Hong Kong and Los Angeles. Fiji Link’s regional and domestic services also contributed positively to the group performance.