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Tuesday 31 January 2023
HomeNewsTunisia: net loss of TUNISAIR estimated at more than 360 million dinars...

Tunisia: net loss of TUNISAIR estimated at more than 360 million dinars in 2021

National carrier TUNISAIR has incurred a net loss of 361.8 million dinars at the end of 2021, against a deficit of 234 million dinars in 2020 and 20 million in 2019, according to the report on state enterprises issued by the Ministry of Finance.

Therefore, the company brings the total accumulated losses to more than 1.7 billion dinars at the end of December 2021 (including the result of the year), while the total equity reached -1.1 billion dinars due in particular to the accumulation of losses that the company has continued to suffer from one year to another.

The document indicates, moreover, that the company’s total debt amounted to 2,220 million dinars in 2021, against 2,115 million in 2020, up 5%.

The company’s debts are divided between state enterprises for a cumulative amount of 1,103 million dinars, foreign banks for 430 million dinars, local banks for 397 million dinars, the state for 193 million dinars and social security funds for 96 million dinars.

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