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57. Air Seychelles Reports 171% Increase in Profit
Air Seychelles has reported a net profit of US$3 million for 2013, exceeding by 171% its profit of US$1.1 million reported in 2012. Revenue increased by 107% to US$88.7 million (2012: US$42.8 million). The airlines passenger numbers on its international network increased 100% to 195,857 (2012: 97,576), while traffic on domestic services in 2013 increased 9% to 156,617 passengers.
58. Air Seychelles Unveils Major Fleet and Network Expansion
Air Seychelles has unveiled a major fleet and network expansion that will see the airline introduce a second Airbus A330 aircraft, commence non-stop services to Dsseldorf (Germany) and Durban (South Africa), and significantly strengthen its existing regional network in early 2017.
59. Air Seychelles Signs Codeshare Agreement with Cathay Pacific
Air Seychelles is to significantly expand its reach into Asia and Australia, after signing a codeshare agreement with Cathay Pacific Airways, which will allow the airlines to introduce a comprehensive range of codeshare and interline air services, subject to regulatory approvals.
60. Air Seychelles Reports Q3 2012 Revenue Growth
Air Seychelles this week announced third quarter revenues of US$13.8 million, up 23% on the second quarter, as the airlines restructuring program took effect in the drive towards profitability for 2012. The growth in revenues was led by a 51% quarter-on-quarter increase in passengers, up from 53,066 to 79,887, as seat factors rose from 43% to 60%.
61. Air Seychelles Reports Net Profit of US$3.2m for 2014
Air Seychelles has reported a net profit of US$3.2m for 2014. The result exceeds last years profit of US$3 million and reflects continued improvement in the airlines key performance indicators, following Etihad Airways acquisition of a 40% share in 2012 and the implementation of a turnaround plan to create a sustainable business.
62. Air Seychelles and Indias Jet Airways to Codeshare
Air Seychelles has signed a codeshare agreement with Indias Jet Airways. The agreement heralds an era of closer cooperation between the two airlines which, in subsequent months, will include reciprocal frequent flyer programmes, cargo handling, and expansion of codeshare arrangements.
63. Air Seychelles to Launch Flights to Mumbai, India
Air Seychelles is planning to launch direct flights to Mumbai, the largest city in India and the capital of Maharashtra state, on 2 December 2014. Subject to regulatory approvals, the new three times per week service will be operated by a two-class Airbus A320 aircraft, configured with 16 Business Class and 120 Economy Class seats.
64. Emirates to Increase Seychelles Capacity
Emirates is to increase its capacity to the popular Indian Ocean Island of Seychelles, when it switches from the current Airbus 330-200 used on one of the two daily services, to a larger Boeing 777-300ER from 1 June 2015. The introduction of the Emirates Boeing 777-300ER, which operates as flight EK 705 from Dubai and as EK 706 on the return flight, will increase overall capacity o

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