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Asiana Airlines reports profit in 2Q2011

12-Aug-2011 11:46 AM

Asiana Airlines reports (11-Aug-2011) the following financial highlights for the 3 months ended Jun-2011:

  • Revenue*: USD1,216.1 million, +6.6% year-on-year;
  • Operating costs: USD1,028.8 million, +22.9%;
    • Fuel: USD434.6 million, +35.7%;
  • Operating profit: USD46.1 million, -64.1%;
  • Net profit: USD16.4 million, compared with a loss of USD4.3 million in p-c-p;
  • International:
    • Passenger traffic (RPKs): +3.5%;
    • Passenger load factor: 76.3%, -3.3 ppts;
    • Yield: USD9.50 cents, +15.1%;
  • Cargo traffic (RTKs): +5.3%;
  • Cargo load factor: 79.2%, -1.6 ppts;
  • Yield: USD33.70 cents, -1.7%. [more]

*Based on the conversion rate USD1 = KRW1,077.17