Sales Increase for FlyNiki

Transport › Airlines & Airports ♦ Published: March 31, 2011; 01:09 ♦ (Vindobona)

Niki Lauda’s airline achieved strong growth in 2010, regarding both passengers and sales. The EBIT declined however.

Sales Increase for FlyNiki / Picture: © Fly Niki

Last year, FlyNniki increased its sales by nearly a quarter to € 337.4m; the number of passengers also increased by 31%, reaching 3.38m passengers.

Due to high fuel prices and disruptions in air traffic, profitability decreased however. The EBIT fell by more than half to € 11.6m.

For CEO Niki Lauda, ​​the increase is also due to fleet growth: the number of…

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