My Account Menu

CAPA Login


Register to trial CAPA Membership!

Asiana 2Q2009 revenue down 17.9%

14-Aug-2009 10:59 AM

Asiana Airlines' revenue down 17.9% - financial highlights:

  • Three months ended 30-Jun-2009:
    • Revenue: USD687.0 million, -17.9% year-on-year;
    • Total operating costs: USD791.7 million, -6.9%;
      • Fuel: USD222.9 million, -31.4%;
      • Labour: USD95.6 million, +1.1%;
      • Aircraft rental cost: USD68.3 million, +34.8%;
    • Operating profit (loss): (USD104.9 million), compared to a loss of USD14.5 million in the previous corresponding period;
    • Net gain related to foreign currency: USD59.3 million, +216.5%;
    • Profit before income tax: USD48.6 million, compared to a loss of USD18.4 million in the previous corresponding period;
    • Passenger traffic (RPKs):
      • International: -10.0%;
    • Load factor:
      • International: 66.4%, -6.6 ppts;
    • Yield:
      • International: USD 6.9 cents, -7.4%
    • Cargo traffic (FTKs): -14.5%;
    • Cargo yield: USD 21.1 cents, -17.5%;
  • Six months ended 30-Jun-2009:
  • Revenue: USD1,434 million, -11.6%;
  • Operating cost: USD1,397 million, +0.5%;
  • SG&A costs: USD239.4 million, +9.4%;
  • Operating profit (loss): (USD202.1 million), compared to a profit of USD13.4 million in the previous corresponding period;
  • Profit (loss) before income tax: (USD204.9 million), compared to a loss of USD15.5 million in the previous corresponding period;
  • Net gain related to foreign currency: USD9.8 million, compared to a loss of USD11.8 million in the previous corresponding period.
  • *Based on the conversion rate at USD1 = KRW1,235. [more]