Solaseed Air announced its interim financial results for the fiscal year ending March 2025. The interim net loss was 64 million yen.
Operating revenue was 24.519 billion yen, operating expenses were 25.614 billion yen, resulting in an operating loss of 1.95 billion yen, and an ordinary loss of 1.82 billion yen.
Thanks to fare measures, detailed yield control, and various promotions including a tie-up with Hinatazaka46, both passenger numbers and passenger revenue recorded their highest ever. However, significant increases in dollar-based expenses such as maintenance costs and aircraft lease fees, due to the weak yen and rising prices, along with high crude oil prices and intensified competition, have continued to create a challenging situation.
The company has revised its full-year earnings forecast downwards, expecting operating revenue of 52.8 billion yen, an operating profit of 500 million yen, and an ordinary profit of 300 million yen.
