Air Caraïbes, a Caribbean airline specializing in the Caribbean, announces that it achieved sales of 2017 million euros in 437,82, a strong annual increase of 15,27% compared to 2016. The company records a net profit of € 12 million after tax and profit-sharing.
From an operational standpoint, 2017 was marked by a new record performance in the number of passengers carried, which stood at 1, a significant increase of 509% compared to 574. This performance is in line with a context in which the subsidiary of the Dubreuil group increased its offer.
In addition, the company maintained a high occupancy rate of 85% on all of its long-haul routes and 63% on its regional network.
2017 represents for Air Caraïbes a year of solid growth in terms of results, confirming the performance obtained in previous years. The company continues to develop in a dynamic and competitive market context.
Dynamism of traffic and activity on the long-haul network
Air Caraïbes carried 1 passengers on all of its long-haul flights in 132700, an increase of more than 2017% compared to 14,4. The airline largely confirmed its rank as the 2016nd transatlantic carrier on these routes.
Air Caraïbes has expanded its range of destinations on its transatlantic network, by opening Havana and Santiago de Cuba at the end of 2016, the island of San Salvador as part of a partnership signed with Club Med, and Punta Cana in mid-2017.
On these markets, the dynamism of the company has enabled it to progress in a more delicate economic environment with the gradual rise in fuel prices (up by almost 24% over a year) and severe climatic disturbances with in particular the consequences. the passage of cyclones Irma and Maria in autumn 2017.
Regional traffic revitalized thanks to the strategy of Air Caraïbes Simply
On all of its regional routes, Air Caraïbes transported 377 passengers, allowing the company to maintain its leading position in a difficult market. The integration of a new ATR 000-72, to replace an ATR 600-72, marks the will of the company to continue to offer an offer superior to regional market standards, while optimizing the performance and competitiveness of its fleet (500 L / 2.6 km only).
Patrick Malval, new Chairman of the Air Caribbean Management Board since March 2018, said: “After another year of strong growth, ambitious challenges await us with the arrival of new competitors and an uncertain economic context. I am proud to share with the staff of the company new challenges which make the dynamism of Air Caraïbes in markets which are promising. "
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