Aeromexico 3Q2011 EBIT up 1.3%

Grupo Aeromexico revenue up 24% - financial highlights for the three months ended 30-Sep-2011:

• Total revenue: USD716.3 million, +24% year-on-year;
• Excess baggage: USD5.4 million, +30.9%;
• Total operating costs: USD564.0 million, +32.0%;
• Fuel: USD225.3 million, +58.0%;
• Labour: USD139.0 million, +16.4%;
• Operating profit: USD85.2 million, +1.3%;
• Net profit: USD65.3 million, -34%;
• Passenger numbers: 3.8 million, +18%;
• Load factor: 80.8%, +0.2 ppt;
• Yield: USD 10.75cents, -0.3%;
• Revenue per ASK: USD 9.36 cents, +4%;
• Cost per ASK: USD 8.25 cents, +7%;
• Cost per ASK excl fuel: USD 5.31 cents, -3.3%;
• Fleet: 102 aircraft;
• Aeromexico: 53;
• Aeromexico Connect: 49;
• Total assets: USD1614 million, +75.4%;
• Cash and cash equivalents: USD344.0 million, +788%;
• Total liabilities: USD1240 million, +16.8%. [more - original PR]

The carrier achieved record passenger numbers, revenue, EBITDAR and operating profit in the period.

*Based on the conversion rate at USD1 = MXP13.3944