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Peach Aviation posts full year net loss of 193 million yen

Peach ©AirTeamImages

Japanese low cost carrier Peach Aviation, has released its financial statement for fiscal 2018 (ended on March 31, 2019). Operating income totaled 60,409 million yen (previous year’s result: 54,740 million yen), operating profit was 4,136 million yen (previous year’s result: 5,793 million yen), and current net loss was 193 million yen (previous year’s result: net profit of 3,728 million yen).

During the year in question, Peach posted figures of 6.8% as the operating profit rate, 87.8% for the average passenger load factor (seat occupancy), with approximately 5.51 million paying passengers. (US$1.00 = JPY107.72)

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