Posted by: AFRICAN MANAGER
National carrier Tunisair seems to recover financially in the first quarter of 2017. Transport revenues increased by 30 million dinars compared to 2016, up almost 16% to 223.4 million dinars against 193.2 million at the end of March 2016.
This improvement in the result is closely linked to the growth in the number of passengers carried on Tunisian lines.
The carrier has seen its traffic increase from 656,000 passengers in the first quarter of 2016 to nearly 690,000 passengers in the first quarter of 2017, a slight increase of 5%.
Slight black spot on the board: the debt of Tunisair rose 5% between the two periods, giving a total debt of just over one billion dinars.
Lastly, the company’s workforce decreased from 3,686 employees in the first quarter of 2016 to 3,623 in 2017.