Peach reports third consecutive year of increased revenue and profit in FY2015

Peach revenue up 29% - financial highlights for 12 months ended 31-Mar-2016:

• Operating revenue: JPY47,939 million (USD399.5 million), +29.1% year-on-year;
• Operating profit: JPY6181 million (USD51.5 million), +116%;
• Net profit: JPY2744 million (USD22.9 million), +157%;
• Passenger numbers: 4.55 million. [more - original PR]

*Based on the average conversion rate at JPY1 = USD0.008333

The carrier noted (14-Jun-2016) its accumulated losses were eliminated during FY2015, which also marks its third consecutive year of revenue and profit growth.