Tunisair’s topline rose 24% y-o-y in 2Q 2023 to TND 369.7 mn,according to financials (pdf) published on the Tunis Stock Exchange. Freight and postal activity revenues rose 21.1% y-o-y to TND 8.2 mn during the quarter. Total tonnage carried by the airline during the quarter rose 4% to 92k tonnes.

The company had a solid 1H 2023: The company’s revenues rose 20.8% y-o-y during 1H 2023 to TND 658.8 mn, according to its financials. The freight and postal activities sector saw revenues rise 19.4% y-o-y to 15.85 mn during the first half of the year, while the airline carried some 179.2k tonnes of cargo — a 9.1% increase — during the period.

The introduction of two novel A320 aircraft during the second quarter was the driving factor behind revenue growth, boosting capacity — which is measured in available seat kilometers — by 31%. The company also revealed changes in their expenses during 2Q 2023, including a 17% drop in fuel costs due to lower fuel prices. Airport fees, however, increased by 22%, while commercial assistance also grew by 16%.

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