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Bourse de Tunis

Last update 17 Nov 2014

Syphax Airlines SA · SPHAX.TN

Tunisia · Industrials · Passenger Airlines · TND

Price history

Syphax Airlines SA is a Tunisia-based private airline company. It has over 40 offices in over 30 countries and has a fleet of two Airbus A319, among others. Based in Airport Sfax Thyna, Its network is composed of international destinations and weekly flights between Tunisia (Sfax, Djerba, Tunis), France (Paris, Marseille), Libya (Tripoli) and Turkey (Istanbul). Its durable business profile is linked to passenger and cargo air transport, network planning, fleet utilization, service quality and relationships with tourism, business and diaspora travel flows. Performance depends on load factors, fuel and maintenance costs, airport operations, safety standards, route economics and the competitiveness of air links between Tunisia and international destinations. For market users, the issuer should be assessed primarily through its operating segment, customer base, recurring revenue sources, asset intensity and ability to maintain a durable competitive position in Tunisia rather than through short-term market movements.

Fundamentals

Metric  (TND, M) 2013 2012
Revenue Total Revenue 39
EBITDA -0
EBIT -0
Net income Net Income -1
Operating margin -1%
Net margin -3%