Romulus, MI (Reuters)- Metro Air Virtual Airlines released their 2nd Quarter financial report today for the general public at a short press conference today. The Airline reported little to no growth through the 2nd Quarter, however they did post a profit.
Chief Financial Officer had the following comments at the press conference:
â€œEven though we showed little to no growth in the 2nd Quarter, we still show a strong profit. Although it is alarming that the A330 program is currently showing a loss, it is integral to our short term, and long term, growth strategy. We are currently working on a strategy to reduce costs on these longer haul routes. It is not our current desire to raise fares on our loyal international passenger base.
This Quarter also saw the introduction of the A320 program and expansion in two new focus cities at Kansas City International Airport and Fort Lauderdale International Airport. These two new focus cities give us flexibility and the opportunity to grow into new markets not currently served very well by the Major Airlines.â€
The full financial report can be found here.
More about MetroAir
MetroAir is one of Americaâ€™s leading choices of airline travel, with a formidable domestic route system using a fleet of the worldâ€™s most technologically advanced Airbus airliners and with numerous regional connections through itâ€™s partner company Allegius. Originally founded in Detroit flying Boeing 737-200s and Bombardier Dash-8-Q200 feeders, MetroAir has since grown to become one of Americaâ€™s most impressive startup airlines of the last decade now operating 382 flights to 73 cities around the world using a fleet of Airbus and Bombardier airliners. Built on a simple home-grown attitude of quick and affordably-efficient service, MetroAir has seen a groundswell of critical acclaim from the flying public in response to a return of service to the days of old.
In an economy where passengers have dozens of choices to choose from, MetroAir provides an affordable ticket in a comfortable seat, in-flight entertainment, warm meals and drinksâ€”paid for, and not through creative trickery. Sure itâ€™s a stretch on the airlineâ€™s tight budget, but MetroAir prides itself on integrity to the flying public and delivers on promises made.
Virtually speaking, MetroAir was built and is operated entirely on realismâ€”aircraft are purchased, routes are operated, and growth is measured within the boundaries of what realism would economically dictate. Come fly for MetroAir, where youâ€™re contributions play a direct role in the airlineâ€™s growth and success!