AirAsia operating profit down 14% in 3Q2014

AirAsia Group reports (19-Nov-2014) the following financial highlights for the 3 months ended Sep-2014:

• Revenue:
• • AirAsia: MYR1317 million (USD412.7 million), +3% year-on-year;
  • Thai AirAsia: THB5558.6 million (USD173.4 million), -1%;
  • Indonesia AirAsia: IDR1719.8 billion (USD146.4 million), +6.5%;
• Operating profit (loss):
• • AirAsia: MYR227 million (USD71.1 million), -14%;
  • Thai AirAsia: (THB420 million) (USD13.1 million), compared to a profit of THB377.6 million (USD11.8 million) in p-c-p;
  • Indonesia AirAsia: IDR76,123 million (USD6.5 million), -33%;
• Profit after tax:
• • AirAsia: MYR5.4 million (USD1.7 million), -85%;
  • Thai AirAsia: (THB382.1 million) (USD11.9 million), compared to a profit of THB297.3 million (USD9.3 million) in p-c-p;
  • Indonesia AirAsia: IDR1677 million (USD0.1 million), -29.7%;
• Passenger numbers:
• • AirAsia: 5.3 million, stable;
  • Thai AirAsia: 2.9 million, +12%;
  • Indonesia AirAsia: 1.8 million, -10%;
• Load factor:
• • AirAsia: 77%, stable;
  • Thai AirAsia: 82%, -1.0 ppts;
  • Indonesia AirAsia: 79%, +4.0 ppts;
• Revenue per ASK:
• • AirAsia: MYR15.46 sen (USD4.84 cents), +2%;
  • Thai AirAsia: THB1.56 (USD4.87 cents), -8%;
  • Indonesia AirAsia: IDR635.91 (USD5.41 cents), +28%;
• Cost per ASK excl fuel:
• • AirAsia: MYR6.68 sen (USD2.09 cents), +11%
  • Thai AirAsia: THB0.96 (USD3.00 cents), +10%;
  • Indonesia AirAsia: IDR354.83 (USD3.02 cents), +55%. [more - original PR]

*Based on the average conversion rate at USD1 = MYR3.191
*Based on the average conversion rate at USD1 = THB32.0491
*Based on the average conversion rate at USD1 = IDR11,751.1