aviation

Tunisair announces revenues of 282 MD at end June 2020

August 17, 2020

The activity indicators for the second quarter of 2020 published by Tunsiair show a 97% decrease in the number of passengers for all activities due to the COVID-19 crisis.

The company recorded a 95% decline in transportation revenues.

Personnel expenses fell by 22%.

As a result, financial expenses declined due to the postponement of all bank maturities (as a result of COVID-19).

There was also 97% decrease in aircraft fuel expenses following the virtual cessation of commercial activity between March 18 and June 26, 2020.

Tunisair’s revenues for the first six months of the year amounted to 282 MD, compared to 775.5 MD at the end of the first half of 2019.

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