The national carrier Tunisair posted an increase in turnover of 16.4%, to TND 1.58 billion in 2023 compared with 2022, according to the company's activity indicators released on Monday. This increase is explained, on the one hand, by the 14% rise in the number of carried transported passengers, to 2 million 474 thousand and on the other hand, by the 1.4% rise in average revenues on scheduled and additional flights. However, the carrier also reported a 2-point drop in load factor, from 74.5% in 2022 to 72.8% in 2023. With regard to the variation in expenses, Tunisair indicated that fuel expenses fell by 2%, despite the 14.6% rise in consumption in terms of quantity, due to the 18.1% drop in the price per barrel. On the other hand, the aircraft leasing costs were up considerably following the acquisition of 5 new aircraft on long-term leases, as well as a number of one-off charters during the high season. Likewise, staff costs grew by 12%, despite a 3% fall in headcount. This is mainly due to the payment of arrears relating to part of the promotions frozen since 2020, due to the advent of the COVID crisis. Source: Agence Tunis Afrique Presse Delta Air Lines (NYSE: DAL) Tuesday reported financial results for the December quarter and full year 2023 and provided its outlook for the March quarter and full year 2024. The press release issued to the Ghana News Agency by Kingdom Concepts Consult, in Accra, said Delta delivered industry-leading operational performance and financial results in December quarter. It generated record full year revenue and over $5 billion of pre-tax income, a near doubling over 2022; Guiding to 2024 free cash flow of $3 to $4 billion, an improvement of up to $2 billion over 2023. Delta Air Lines expects record March quarter revenue on improving domestic environment and continued strength in international demand, with solid profitability, according to the release. '2023 was a great year for Delta with industry-leading operational and financial performance, said Ed Bastian, Delta's chief executive officer. 'Our people and their commitment to deliver unmatched service excellence for our customers is at the foundation of De lta's success. We are thrilled to recognize their outstanding work with $1.4 billion in profit sharing payments next month.' The CEO added: 'In 2024, demand for air travel remains strong and our customer base is in a healthy financial position with travel a top priority. We expect to grow full year earnings to $6 to $7 per share and generate free cash flow of $3 to $4 billion, further strengthening our financial foundation.' Highlights of the December quarter and full year 2023, including both GAAP and adjusted metrics, are on page six and incorporated here. Source: Ghana News Agency