Air Transport World

Asia-Pacific. (airline industry report)

Air-India: Outstanding financial results were posted for the year ending in March 1984 by India's flag carrier, which chalked up an operating profit of $89.5 million and a net of $57.6 million on revenues of $787.6 million, up 12.5% from the 1982-83 year. The operating profit compared with a $61.4-million profit in the previous year, and the net figure was up from $38 million.

Passenger boardings and RPKs were both up 7.7% during the 1983-84 year, to 1,882,700 and 8.7 billion, respectively. FTKs jumped 12.8% to 391.6 million.

Air-India retired all but one of its Boeing 707s during the year, and now flies ten 747-237s and three Airbus A300s.

Airlanka: The national carrier of Sri Lanka flew 2.1 billion RPKs, up 11.3%, and 45.4 million FTKs, up 14.9%, in 1983 in its fleet of two Lockheed L-1011-500s, two L-1011-100s and one Boeing 737-200.

Airlines of Western Australia: As it had forecast, the Australian carrier suffered a small decline in traffic in 1983. Passenger boardings dipped 1.8% to 383,498, RPKs were down 3.8% to 423 million and FTKs declined 3.1% to 6.2 million.

Air New South Wales: Traffic declines continued at the Australian carrier in 1983 as passenger boardings dropped 7.4% to 370,258, RPKs dipped 1.6% to 181 million and FTKs fell 8.6%.

Air New Zealand: After paring its net loss to $21.5 million (from $59 million) in its 1983 financial year and posting a net profit of $22.2 million as the result of selling four McDonnell Douglas DC-10s, Air New Zealand chalked up an operating profit in the first half of its 1984 financial year and celebrated a "return to profitability" (see article this issue). It attributed its improved financial posture to cost-cutting and a new and stronger emphasis on marketing. Revenues in fiscal 1983 were up 17.8% to $512.6 million.

In calendar 1983, RPKs rose 8.4% to 6.3 billion, largely as a result of new service to London. Passenger boardings were up 4.7% to 3,992,576.

air Niugini: Fleet changes are in the offing for the national carrier of Papua New Guinea in 1984. …

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