Report
EUR 236.14 For Business Accounts Only

Calamity contained by the decreasing oil prices

During 2015, Tunisair’s revenues decreased substantially by 30% to TN856.9M. The troubled security situation in Tunisia (Bardo Museum attack and the terrorist attack against the Imperial Hotel in Sousse) in 2015 was the main reason behind this fall. Moreover, the average revenue per passenger for scheduled flights decreased from TND251 to TND239.
During 2015, the RPK gave up 19.8% to establish at 4,128.4 million. The occupancy rate lost 370 basis points to 68.1%.
Underlying
Societe Tunisienne de L'Air

Provider
AlphaMena Corporate Services
AlphaMena Corporate Services

AlphaMena is the MENA stocks leader in independent equity research, covering 142. MENA securities spanning across 19 sectors and 8 countries relaying on a team of 11 analysts. The breadth of coverage allows AlphaMena to formulate a coherent view on markets, sectors and to highlight the best investments in Mena zone using a robust homogeneous and transparent methodology, enabling pure and pertinent comparisons based on financial and extra-financial criteria.

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