Small Planet Airlines profits more than double

Small Planet Group has announced financial results for the year 2015. The company carried 1.8 million passengers – 40% more than in the previous year – and saw its revenues grow 27%. Meanwhile full year profit for a second year in a row grew double. Profits now are being reinvested into cabin interior and other growth projects. Full year profit was €19.2m before tax, in comparison to €8.2m in 2014 and €1.7m the year prior to that. Revenue grew by 27% from €143.2m in 2014 to €182m in 2015. At the end of the year, the company had 430 people within the Group compared to 348 at the same time last year, mostly consisting of flight and cabin crew members. The number of aircraft under the company’s certificates has also gone up year-on-year: in 2013 the company had 8 aircraft, in 2014 – 11, in 2015 – 18 aircraft. The 2016 summer fleet will consist of 21 Airbus aircraft – seventeen A320 and four A321. Most of the aircraft will have a new concept interior and additional services. It will include new Recaro seats, special LED lighting, and wireless internal network AirFi, which will allow passengers to stream media to their devices.