Lithuania’s Small Planet Airlines boosts FY revenue 50 per cent

  • 2016-06-29
  • BNS/TBT Staff
Lithuanian-owned charter carrier Small Planet Airlines posted 76.757 million euros in revenue for 2015, a rise of 49.7 per cent compared with 2014. The company’s net profit edged down by 0.5 per cent to 3.708 million euros, according to its 2015 annual report filed with the Centre of Registers. Revenue from passenger services doubled in 2015 from 2014 to 59.7 million euros. Jet fuel sale revenue dropped by 24.6 per cent to 8.7 million euros and wet-lease revenue was down by 44.2 per cent to 5.7 million euros. EBITDA rose by 11 per cent to 4.95 mill...
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