Caribbean Airlines reports profitable 2018, despite domestic market losses

Caribbean Airlines reported (26-Apr-2019) the following traffic highlights for the 12 months ended Dec-2018:

• Revenue: +11% year-on-year;
• Fuel cost: TTD597 million (USD88.6 million), +26.8%;
• EBIT: TTD111 million (USD16.5 million);
  • International: TTD158 million (USD23.4 million);
  • Domestic (loss): (TTD67 million) (USD9.9 million);
• Net income: TTD42 million (USD6.2 million);
  • International: TTD109 million (USD16.2 million);
  • Domestic (loss): (TTD67 million) (USD9.9 million). [more - original PR]

*Based on average conversion rate at TTD1 = USD0.1484