Air Mauritius narrows net loss to €8.1m in Q1 2013

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Air Mauritius has narrowed its group net loss to €8.12 million ($10.8 million) in the first quarter of the fiscal year 2013, from €10.2 million in the same quarter a year earlier.

The carrier's operating revenue for the three months ended 30 June fell by 5.3% year on year to €99.4 million, while its operating loss fell to €7.94 million from €8.15 million in the same period the previous year.

Operating expenses during the quarter declined to €101 million from €108 million in the corresponding quarter last year.