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Fiji Airways announces unrivaled profit of $131.8m

Fiji’s national carrier, Fiji Airways has announced a staggering $1.8 billion in revenue with an unrivaled record profit before income tax of $131.8 million.

Deputy Prime Minister and Minister for Finance, Professor Biman Prasad, while officiating during the announcement at the Fiji Airways hangar today commended the hard work carried out by the airline.

“I want to put into perspective exactly what your financial results mean not just to the National Airline – but to Fiji.”

“The Revenue (Earnings) for the year 2023 of FJ$1.8 billion dollars is a direct injection into the economy.”

“It triggers activity not just in the tourism sector, but right across the national economic landscape by way of salaries, the 3 purchases of goods and services, the payment of utilities, new investments and countless other daily transactions – all of which collectively fuel the engine of growth.”

Prof Prasad emphasised that Fiji Airways efforts and sacrifices have helped people outside of their direct workflow locations by nurturing lives, paying for education & basic health services; and assisting in the scaling up of the national infrastructure.

“Your expertise and passion that you provide to the company and what you may think as simply a job, sends economic tremors right across the nation. Please never forget that. Let it be fuel and motivation, on the days when you feel drained.”

He also announced that all non-management employee will receive a bonus payout of $5000 as part of their profit share.

Reginald Chandar
Reginald Chandar
Head of News & Sports | news@fijilive.com

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