Tunisair Posts Encouraging Activity Indicators for Q2 2024
Tunisair has reported promising activity indicators for the second quarter of 2024.
Passenger Traffic Sees 2% Increase
The number of passengers transported has risen by 2% to reach 1,173,948, compared to 1,151,193 during the same period in 2023.
Flight Hours Up by 6%
Regular and supplementary flight hours have increased by 6%, reflecting a positive dynamic for the company.
Notable Improvement in Punctuality
A notable highlight is the 11-point improvement in punctuality, demonstrating a heightened commitment to service quality.
Revenue from Regular and Supplementary Activities Up by 1%
Revenue from regular and supplementary activities has recorded a 1% increase.
Efforts Needed to Regain Market Share
However, efforts are required to regain lost ground following a 3-point decline in market share.
Fuel Expenses Rise by 8.1%
Fuel expenses have increased by 8.1%, resulting from a 7.2% rise in volume consumption and a 2.5% increase in barrel prices. Personnel costs have also seen a 6% increase due to legal salary hikes.
Debt Reduction Following Contractual Settlements
On a positive note, the company's debt has decreased following the settlement of contractual deadlines.
