Air Malta operating revenue up 3%, confirms EUR1.2m operating profit in FY2017/18

Air Malta reported (23-Mar-2019) operating revenue EUR197.5 million in the 12 months ended Mar-2018, an increase of 2.8% year-on-year, driven by a 11% increase in passengers to 1.7 million. The airline registered operating profit of EUR1.2 million, up from a EUR10.8 million loss in FY2017. Operating costs declined EUR6.7 million due to a decrease in fuel, aircraft leasing and maintenance costs. [more - original PR]