airberlin operating profit up 5% in 3Q2012

airberlin revenue up 1% - financial highlights for three months ended 30-Sep-2012:

• Revenue: EUR1395 million, +1.4% year-on-year;
  • Inflight sales: EUR9.4 million, -20.0%;
• Operating costs: EUR1311 million, +2.4%;
  • Fuel: EUR355.807 million, 320.926;
  • Airport and handling charges: EUR271.411 million, 278.512;
  • Labour: EUR126.7 million, +4.4%;
• Operating profit: EUR101.2 million, +4.5%;
• Net profit: EUR66.6%, +120%;
• Passenger numbers: 10.7 million, -5.0%;
• Passenger load factor: 84.5%, +0.4 ppt;
• Yield per passenger: EUR121.79, +6.0%;
• Yield per RPK: EUR 9.29 cents, +11.0%;
• Revenue per ASK: EUR 7.70 cents, +3.8%;
• Cost per ASK: EUR 7.06 cents, +2.5%;
• Cost per ASK excl fuel: EUR 5.12 cents, -0.8%;
• Total assets: EUR2385 million, +5.3% when compared to period ended 31-Dec-2011;
• Cash and cash equivalents: EUR218 million, -8.8% when compared to period ended 31-Dec-2011;
• Total liabilities: EUR2199 million, +9.4% when compared to period ended 31-Dec-2011. [more - original PR]

airberlin: "We have improved our result. We were able to increase revenue, improve capacity utilization and yield, and we were able to reduce cost significantly. The journey is not complete, however we are on the right track. Our target to return to profitability in the coming year remains unchanged," Hartmut Mehdorn, CEO. Source: Company statement, 15-Nov-2012.