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Air Astana operating profit down 24% as fuel costs rise 69% in 2011

11-Apr-2012 1:46 PM

Air Astana revenue up 17% - financial highlights for 12 months ended 31-Dec-2011:

  • Total revenue: USD772.9 million, +16.8% year-on-year;
    • Fuel surcharge: USD53.5 million, +18.1%;
  • Total operating costs: USD703.6 million, +23.4%;
    • Fuel: USD178.6 million, +68.8%;
    • Labour: USD85.5 million, +23.8%;
  • Operating profit: USD69.3 million, -24.2%;
  • Net profit: USD61.3 million, -20.6%;
  • Total assets: USD386.7 million, +16.0%;
  • Cash and bank balances: USD24.0 million, -42.2%;
  • Total liabilities: USD142.8 million, +10.3%. [more – original PR]