Caribbean Airlines announces profit — NationNews Barbados — Local, Regional and International News nationnews.com


PORT OF SPAIN – Caribbean Airlines reported a summary of its unaudited financial results, for the nine months ended September 30, which show the airline has moved into an operating profit and is net income positive for the year-to-date.

The unaudited accounts for the nine months to September 30, show Earnings Before Interest and Taxes (EBIT) of positive TT$96 million (BDS$28.5 million) – made up of TT$118 million (BDS$35 million) on international and other operations and negative TT$22 million (BDS$6.5 million) on the domestic air bridge.

The airline’s total net income of TT$48 million (BDS$14.25 million) includesTT$83 million (BDS$24.6 million) on international and other operations and a loss of TT$35 million (BDS$10.3 million) on the air bridge. 

Speaking…

Read More


320ro

Comments

comments