Air Seychelles Reports USD 8.4 Million Profit in 2022

Air Seychelles records profitability for the first time since 2016.

Air Seychelles
Photo/©Air Seychelles

Air Seychelles (HM), the national carrier of the Republic of Seychelles, has announced a profit of USD 8.4 million for 2022, its first significant profit since a small gain of USD 425k in 2016.

The airline outlined it has made positive strides from the effects of the COVID-19 pandemic and emerged from Administration in November 2022 with an optimistic outlook.

“The Board of Directors and the acting CEO would like to extend their gratitude to all its employees, the Government of Seychelles, the Administrators, the creditors, its legal counsels, and the general public for their contributions and support provided to the company in achieving one of the greatest positive turnarounds in the history of Air Seychelles.”

HM Statement on July 25, 2023.