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Monday 20 September 2021
HomeNewsTunisia: TUNISAIR announces revenues down 67% at end September

Tunisia: TUNISAIR announces revenues down 67% at end September

TUNISAIR has just published its (poor) activity indicators for the third quarter of the current year, during which the number of passengers fell by 74% to only 269,222, compared with just over one million passengers during the same quarter of 2019.

As a result, year-to-date passenger numbers fell 68% to 848,693 passengers, compared to 2.7 million passengers a year earlier.

To this end, the company’s revenues fell by 67% to 436.5 million dinars at the end of last September, compared to 1.33 billion dinars at the end of September 2019.

These revenues come at 413 million dinars from regular activity (-66%), 9.5 million dinars from charter activity (-92%) and 14 million from freight and mail activity (-44%).

On the other hand, spending on commercial assistance and catering assistance decreased by 50% to 39.5 million dinars and 70% to 9 million dinars, respectively.

As for airport fees, they fell by 53% to 163.3 million dinars, compared to 349 million at the end of September 2019.

Similarly, fuel expenses recorded a sharp decline of 73% to 86.4 million dinars, compared to 316.6 million a year earlier, while personnel expenses went down from 168.4 million dinars to 140.8 million dinars, a drop of 16%, due to the decline in the workforce of 257 people to 3,464 employees at the end of last September.


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