Air Mauritius announced earnings and operating results for the first quarter of 2015. For the quarter, the company reported a net negative financial result of EUR 9.8 million which is better than initial forecasts. The first quarter is traditionally difficult and loss making as it corresponds to the low tourist season. The result has also been impacted by a payout of EUR 7.7 million on hedging obligations contracted last year. Excluding hedging, the loss is at EUR 2.1 million which is the best ever posted by the company for a first quarter. The turnover was of EUR 106.5 million representing an increase of 2.1%.

For the quarter, the company's seat capacity was at 449,685 which represents an increase of 3% and the number of passengers carried improved by 5.5% to reach 315,098. Load factor gained 3 points to reach 75.1%, which confirms the better use of capacity deployed.