AIRDO has announced its financial results for the fiscal year ending in March 2024. The net profit was 3.416 billion yen.
Operating revenue was 51.556 billion yen (up 24.2% from the previous fiscal year), operating expenses were 48.082 billion yen (up 23.6%), operating profit was 3.473 billion yen (up 32.8%), and ordinary profit was 2.141 billion yen (up 36%). The operating profit margin was 6.7%. The final profit was down 19.1% from the previous fiscal year.
The number of flights operated increased by 5.3% from the previous fiscal year to 23,712 flights, and the seat occupancy rate increased by 10.5% to 80.2%. Passenger demand recovered, and demand was captured through increased flights on existing routes and the setting of sale fares for the first time.
For the fiscal year ending in March 2025, the company is forecasting operating revenue of 52.5 billion yen, operating profit of 2.1 billion yen, and ordinary profit of 2 billion yen.
