Caribbean Airlines ‘remains on flight path to profitability’

    Caribbean Airlines announced (23-Jul-2018) it “remains on flight path to profitability for the 1H2018”. Caribbean Airlines reported its unaudited 1H2018, with “significantly improved”, despite the impact 32% higher fuel costs.

    • Revenue increased by USD31.3 million year-on-year, a 19% increase;
    • EBIT improved by USD17.8 million, a 77% increase;
    • Line cargo and freighter operations revenue and operating profit improvement;
    • Increased passenger numbers and load factors both regionally and internationally;
    • Increased air bridge capacity and efficiencies to service peak travel. [more – original PR]