Air Malta expects FY2013 operating loss to halve to EUR15m

Air Malta revenue up 3% - financial highlights for 12 months ended 31-Mar-2012:

• Revenue: EUR214 million, +2.9% year-on-year;
  • Operating profit: EUR244 million, +0.8%;
    • Fuel: EUR66 million, +26.9%;
    • Labour: EUR43 million, -8.5%;
  • Operating profit (loss): (EUR30 million), compared to a loss of EUR34 million in p-c-p;
  • Passenger numbers: 1.8 million, -3.3%;
  • Load factor: 75.2%, +2.0 ppts;
  • Yield: EUR105, +5.0%;
• FY2013 forecast:
  • Revenue: EUR208 million, -2.8%;
  • Operating costs: EUR223 million, -8.6%;
  • Operating profit (loss): (EUR15 million);
  • Passenger numbers: 1.7 million, -2.8%;
  • Load factor: 77.5%, +2.3 ppts;
  • Yield: EUR106, +1.0%. [more – original PR]

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