AirAsia X operating loss narrows in 3Q2015

AirAsia X revenue up 14% - financial highlights for three months ended 30-Sep-2015:

• Revenue: MYR793.0 million (USD195.8 million), +13.5% year-on-year;
• • Ancillary: MYR107.8 million (USD26.6 million), -23.4%;
• Costs:
• • Fuel: MYR282.4 million (USD69.7 million), -23.4%;
  • Labour: MYR81.0 million (USD20.0 million), -0.5%;
• Operating profit (loss): (MYR31.1 million) (USD7.7 million), compared to a loss of MYR132.6 million (USD32.7 million) in p-c-p;
• Net profit (loss): (MYR288.2 million) (USD71.1 million), compared to a loss of MYR210.9 million (USD52.0 million) in p-c-p;
• Passenger numbers: 901,884, -13.6%;
• Load factor: 75.1%, -5.5 ppts;
• Average passenger fare: MYR481.49 (USD118.9), +14.6%;
• Revenue per ASK: MYR 13.78 sen (USD 3.4 cents), +25.0%;
• Cost per ASK: MYR 14.32 sen (USD 3.5 cents), +9.3%;
• Cost per ASK excl fuel: MYR 9.43 sen (USD 2.3 cents), +29.0%;
• Average sector length: 4769 km, -2.8%;
• Total assets: MYR4030 million (USD994.9 million);
• Deposit, cash and bank balances: MYR289.3 million (USD71.4 million);
• Total liabilities: MYR3527 million (USD870.7 million). [more - original PR]

*Based on the average conversion rate at USD1 = MYR4.051