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Air Berlin 2Q2009 revenue down 3.8%

26-Aug-2009 1:48 PM

Air Berlin revenue down 3.8% - financial highlights:

  • Three months ended 30-Jun-2009:
    • Revenue: EUR836.2 million, -3.8% year-on-year;
    • Operating costs: USD825.5 million, -4.3%;
      • Labour: EUR111.2 million, -0.2%;
    • Operating profit: EUR17.6 million, +33.4%;
    • Net profit: EUR7.1 million, -9.6%;
    • Passenger numbers: 7.2 million, -5.5%;
    • Passenger load factor: 77.5%, -2.7 ppts;
    • Revenue per RPK: EUR 8.29 cents, +11.7%;
    • Revenue per ASK: EUR 6.43 cents, +7.9%;
  • Six months ended 30-Jun-2009:
    • Revenue: EUR1,497 million, -1.7%;
    • Operating costs: EUR1,578 million, -0.8%;
    • Labour: EUR218.9 million, +2.4%;
    • Operating profit (loss): (EUR69.7 million), compared to a loss of EUR55.4 million in the previous corresponding period;
    • Net profit (loss): (EUR81.4 million), compared to a loss of EUR51.8 million in the previous corresponding period;
    • Passenger numbers: 12.7 million, -5.8%;
    • Passenger load factor: 74.8%, -2.3 ppts;
    • Revenue per RPK: EUR 8.31 cents, +13.4%;
    • Revenue per ASK: EUR 6.21 cents, +9.9%. [more]

Air Berlin: "Despite a challenging market environment, Air Berlin has succeeded in improving its relative position with respect to flights within Europe. Using different capital measures, Air Berlin has succeeded in improving its equity and liquidity, thus significantly lowering net indebtedness. We are pleased with the results for the first half-year of 2009,” Joachim Hunold, CEO. Source: Air Berlin, 25-Aug-2009.