AirAsia India reports USD6.5m operating loss in 2Q2015

AirAsia India reports (19-Aug-2015) the following financial highlights for three months ended 30-Jun-2015:

• Revenue: INR1148 million (USD18.1 million);
• Costs:
• • Fuel: INR509.6 million (USD8.0 million);
  • Labour: INR311.9 million (USD4.9 million);
• Operating profit (loss): (INR413.0 million) (USD6.5 million);
• Profit (loss) after tax: (INR441.5 million (USD7.0 million);
• Passenger numbers: 302,136;
• Load factor: 83%;
• Revenue per ASK: MYR 14.38 sen (USD 3.9 cents);
• Cost per ASK: MYR 11.35 sen (USD 3.1 cents);
• Cost per ASK excl fuel: MYR 6.01 sen (USD 1.6 cents);
• Average stage length: 1146 km;
• Total assets: INR1187 million (USD18.7 million);
• Cash and short-term deposits: INR689.4 million (USD10.9 million);
• Total liabilities: INR2171 million (USD34.2 million). [more - original PR]

*Based on the average conversion rate at USD1 = INR63.3878