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Asiana Airlines reports operating and net loss in 2Q2013

9-Aug-2013 1:17 PM

Asiana Airlines revenue down 5% - financial highlights for three months ended 30-Jun-2013:

  • Total revenue: KRW1308 billion (USD1165 million), -4.6% year-on-year;
    • International passenger: KRW745.8 billion (USD664.4 million), -5.1%;
    • Cargo: KRW331.0 billion (USD294.9 million), -5.5%;
  • Total costs: KRW1349 billion (USD1202 million), +0.5%;
    • Fuel: KRW508.8 billion (USD453.2 million), -2.0%;
    • Labour: KRW163.3 billion (USD145.5 million), +5.5%;
  • Operating profit (loss): (KRW41.5 billion) (USD37.0 million), compared to a profit of KRW27.0 billion (USD24.1 million);
  • Net profit (loss): (KRW82.7 billion) (USD73.7 million), compared to a loss of KRW47.3 billion (USD42.1 million) in p-c-p;
  • International operational highlights:
  • Passenger traffic (RPKs): +4.9%;
  • Load factor: 76.8%, -1.7 ppt;
  • Yield: USD 8.8 cents, -7.6%;
    • USA: USD 6.4 cents, -2.1%;
    • Southeast Asia: USD 7.4 cents, -1.6%;
    • Europe: USD 7.2 cents, -4.3%;
    • China: USD 16.4 cents, -6.8%;
    • Japan: USD 15.9 cents, -21.4%;
    • Oceania: USD 6.6 cents, -7.1%;
    • CIS: USD 11.7 cents, +6.5%;
  • Cargo yield: USD 29.0 cents, -7.0%;
    • USA: USD 23.9 cents, +9.0%;
    • Europe: USD 25.8 cents, -3.0%;
    • Southeast Asia: USD 34.0 cents, -8.9%;
    • China: USD 86.1 cents, -9.0%;
    • Japan: USD 73.3 cents, -17.1%;
    • Oceania: USD 33.8 cents, -0.6%;
    • CIS: USD 111.6 cents, +15.5%;
    • Domestic: USD 36.9 cents, +10.9%;
  • Assets: KRW5964 billion (USD5313 million);
  • Liabilities: KRW5174 billion (USD4609 million). [more - original PR]

*Based on the average conversion rate at USD1 = KRW1122.58