MARIGOT/PARIS–Air Caraïbes in 2017 recorded a turnover of 437.82 million euros, marking an annual growth of 15.27 per cent compared to 2016, a press release from the airline stated. The company recorded a net result of 12 million euros after tax and profit-sharing.
On the operational front, 2017 was marked by a new record performance in number of passengers; 1,509,574, a significant increase of eight per cent compared with the previous year.
This performance comes at a time when the Dubreuil Group subsidiary has increased its offer. In addition, the company maintained a high load factor of 85 per cent on all its long-haul routes and 63 per cent on its regional network.
2017 represented a year of solid growth for Air Caraïbes in terms of results, confirming the performance achieved in previous years. The company continues its development in a dynamic and competitive market environment.
Marc Rochet, Chairman of the Management Board of Air Caraïbes, said: “Our company has become the leading French aircraft operator with the launch of two of our A350-900s, which are equipped with new high-tech features.
“We receive excellent feedback from our customers in terms of comfort. We are also pursuing this strategy with the same results, thanks to two new latest generation ATR72-600s which now operate on our regional network.
“Beyond the operational success, made possible by the skills and the commitment of all our staff, 2017 was above all a commercial success with the opening up of new transatlantic routes (Cuba and Dominican Republic). Air Caraïbes’ performance in 2017 illustrates once again the solidity and relevance of our model and our offer.
“The arrival of two new A350s in 2017, and one A330 in reserve, brings the total long-haul fleet to eight Airbus 330s and 350s, and testifies to the airline’s confidence in its ability to continue to grow and accelerate its growth, to the benefit of its clients and its teams, whom I thank.”
Air Caraïbes carried 1,132,700 passengers on all its long-haul flights in 2017, an increase of more than 14.4 per cent compared to 2016. It also expanded its offer of destinations on its transatlantic network, opening Havana and Santiago de Cuba in late 2016, the island of San Salvador as part of a partnership signed with Club Med, and Punta Cana mid-2017.
On all its regional routes, Air Caraïbes carried 377,000 passengers, enabling the company to maintain its leadership position in a difficult market. Integration of a new ATR 72-600, replacing the ATR 72-500, demonstrates the company’s willingness to continue to offer superior regional market standards, while optimizing performance and competitiveness.
Source: The Daily Herald https://www.thedailyherald.sx/islands/75677-air-caraibes-records-strong-growth-with-new-airbus-fleet