AirAsia X reports operating profit in 1Q2015

AirAsia X revenue up 4% - financial highlights for three months ended 31-Mar-2015:

• Revenue: MYR775.4 million (USD214.3 million), +3.5% year-on-year;
• Costs:
• • Fuel: MYR274.4 million (USD75.9 million), -31.6%;
  • Maintenance, overhaul, user charges and other related expenses: MYR205.6 million (USD56.8 million), +41.9%;
• Operating profit: MYR5.9 million (USD1.6 million), compared to a loss of MYR33.1 million (USD9.1 million) in p-c-p;
• Net profit (loss): (MYR125.9 million) (USD34.8 million), compared to a loss of MYR11.3 million (USD3.1 million) in p-c-p;
• Passenger numbers: 914,970, -15.3%;
• Load factor: 73.6%, -12.2 ppts;
• Average fare: MYR503.39 (USD139.15), +7.8%;
• Ancillary revenue per passenger: MYR139.98 (USD38.69), +0.8%;
• Revenue per ASK: MYR 12.93 sen (USD 3.57 cents), +6.9%;
• Cost per ASK: MYR 12.91 sen (USD 3.57 cents), +2.3%;
• Cost per ASK excl fuel: MYR 8.35 sen (USD 2.31 cents), +35.3%;
• Average sector length: 4635 km, -6.3%;
• Total assets: MYR3650 million (USD1009 million);
• Deposits, cash and bank balances: MYR143.2 million (USD39.6 million);
• Total liabilities: MYR3072 million (USD849.1 million). [more - original PR]

*Based on the average conversion rate at USD1 = MYR3.6177