Air Mauritius reported a €25.4 million ($28.6 million) net loss for the nine-month period ending Dec. 31, 2018, down from a €10 million net profit for the year-ago period. The Indian Ocean-based carrier cited growing competition and increasing costs for the results. “It’s time to look for alternatives. This business model is no longer viable,” Air Mauritius board chairman Arjoon Suddhoo said Feb. 14, according to the local Defi Media news outlet. While revenue ...

Subscribe to Access this Entire Article

"Air Mauritius posts 9-month net loss as competition, costs increase " is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? Log in here.