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- 1254763
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- 2016-12-24
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- 1970-1-1
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The profit of Provincia Airline has decreased last year. At the same time, it expanded itsoperation. Also oil price increased drastically in the beginning of the year. As some other airlinesalso faced the roaring oil price and they were able to increase their profitability, the oil prices alonenot the reason for the loss in profits. The newly added 5 flights (expanded operation) should beresponsible to loss in profits. In order to return to profitability, we should eliminate new flightsadded earlier this year. |
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