All Fiji Airways staff working as of Dec 31st 2019 to get $1,000 each as part of profit share - AG

National Airline makes $61.2 million before tax profit

All Fiji Airways staff working as of Dec 31st 2019 to get $1,000 each as part of profit share - AG
Minister for Economy, Aiyaz Sayed-Khaiyum

Minister for Economy, Aiyaz Sayed-Khaiyum has just announced that Fiji Airways will give $1,000 to all their employees from 31st December, 2019 as part of their profit-sharing arrangement.

Sayed-Khaiyum has announced this in a Fiji Airways press conference in Nadi.

He says this is for people still employed by the airline company or not.

The executives are not taking the $1,000 payment.

Fiji Airways has made a $61.2 million before tax profit in the year ending 31st December 2019 compared to $55.3 in the 2018 financial year.

This has been highlighted by the company’s CEO and Managing Director Andre Viljoen.

Sayed-Khaiyum also says anyone trying to carry out an analysis on the aviation sector in Fiji should look at what is happening in the industry and the region.

He also says Fiji Airways has managed to compete with it’s own second-largest shareholder, Qantas, recover from a projected $100 million loss to deliver a profit.

Credit Corp Fiji Care
Credit Corp Fiji Care

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