Air Seychelles Reports Q1 2014 Results

Air Seychelles has recorded strong 2014 first quarter results with a 38.2% increase in passenger numbers to 95,372, compared to the same period in 2013 (69,009 passengers).

Passenger numbers on Air Seychelles’ international network increased 77.3% to 58,971, a result of more traffic between the Seychelles and Abu Dhabi, Mauritius, Johannesburg and Hong Kong.

A 66% increase in revenue was attributable to improved connectivity with codeshare partner, Etihad Airways’ global network, and enhanced cargo services.

Cargo tonnage for the period rose 126.8% to 1,602 tonnes, driven by strong demand from Paris, Hong Kong, and Johannesburg, enhancements to Air Seychelles’ on-ground cargo handling capability in Mahé, and the launch of Seychelles domestic cargo services.

“Our Q1 passenger and cargo performance indicates that we are delivering on our mandate to support the Seychelles economy both through tourism and trade,” said Manoj Papa, Chief Executive Officer of Air Seychelles. “We remain committed to meeting these objectives in the months and years ahead, by building depth and scale into our network, organically and through partnerships, taking delivery of new aircraft, hiring more Seychellois, and bringing more guests and trade to the Seychelles.”

At the end of Q1 2014, Air Seychelles’ combined passenger and cargo network stood at five destinations in the Seychelles, Africa, Europe and Asia.

The airline also has codeshare partnerships with airberlin, Cathay Pacific Airways, Etihad Airways, and South African Airways, extending its network to 39 cities around the world.