Brief: Fly Play Q2 EBIT Loss At $14.4 Mln

Fly Play hf

23/08/2022 06:29

Aug 22 (Reuters) - Fly Play hf  PLAY.IC :
    * SAID ON MONDAY, CARRIED ABOUT 181 THOUSAND PASSENGERS IN
Q2 
    * EARNINGS BEFORE INTEREST AND TAXES (EBIT) WERE NEGATIVE IN
Q2
2022 IN THE AMOUNT OF USD 14.4 MILLION
    * PLAY REACHED ITS COST TARGET AHEAD OF TIME, BEING UNDER 4
US
CENTS UNIT COST (CASK EXCL. FUEL)
    * UNIT COST CONTINUES TO DECREASE WITH EXPANDED OPERATION,
AND
PLAY ANTICIPATES POSITIVE OPERATING RESULTS IN THE LATTER HALF
OF THIS YEAR
    * OPERATING REVENUES ARE RAPIDLY INCREASING AND PLAY EXPECTS
THE
TURNOVER TO BE USD 150-160 MILLION THIS YEAR
    * EXPECTS TO CARRY AROUND 800 THOUSAND PASSENGERS IN 2022 

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nGNE9S9s85
 Further company coverage:  PLAY.IC  

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))