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HomeNewsTunisia: Tunisair reports 15.65% increase in transport revenue in Q2

Tunisia: Tunisair reports 15.65% increase in transport revenue in Q2

The figures provided by Tunisair to the Tunis Stock Exchange show an upturn in the second quarter 2016.

According to the business report, the transportation revenues of the national company went up 15.65% from 195.05 million Tunisian dinars (MTD) in Q2 2015 to 225.58 MTD in Q2 2016.

This makes a very satisfactory H1 2016, with an increase of 9.15% of transport revenues compared with the same period in 2015.

The number of passengers (all activities) also made a leap of 1.85% in the 2nd quarter between 2015 and 2016, from 680,407 passengers to 693,025 passengers.

It is the improvement in “Regular + extra” activity by 5.16% which has monopolized this segment.

This is the same for the load factor, which rose from 67.1% to 69.3%, with a net increase in market share, which was 33% in 2015 and 42.6% this year (+9.6 points).

The fuel price decrease is another reason for satisfaction, -28% per ton compared to the 2nd quarter of 2015. Spending in this area is reduced from 51.56 MTD at end June 2015 to 40.23 MTD at end June 2016.

However, staff costs posted a rise of 5.15%.

The company’s debt is more consistent due to the renewal of its fleet, from 706.43 MTD in 2015 to 1,027.17 MTD in 2016, up 45.4%.


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