Aurigny has made a profit in 22/23, only its 3rd in State ownership. The Guernsey States accounts showed that the airline was expected to make a £1.4m. loss in 2022, but Aurigny instead declared a £6m. profit, its best result in 20 yeas of Government ownership. Of the £6m. noted in the accounts, £1.8m. was States’ impairments and provision.
The £4.2m. of Aurigny’s profit came from improvements made to operation productivity.
Passenger losses were reduced from £17.15 per person in 2019 to £1.06 in 2022.
Aircraft productivity was increased by 36%, staff proactivity by 5.8% and fuel consumption was reduced by 10% – the equivalent to 1.4m. litres.
The airline made this improvement by switching to more ATR flights as opposed to the Embraer jet, which is 35% more fuel-heavy per seat than the ATRs. It also ensured flights were full of passengers, with fewer empty seats.
Aurigny carried 520,000 passengers in 2022, which is 98.5% of pre-Covid 2019 levels.