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AviancaTaca Holding operating profit up 5% in 3Q2011

16-Nov-2011 1:27 PM

AviancaTaca Holding revenue up 27% – financial highlights for three months ended 30-Sep-2011:

  • Operating revenue: USD1001 million, +26.7% year-on-year;
  • Total operating costs: USD704.9 million, +34.6%;
  • Operating profit: USD124.2 million, +4.8%;
  • Net profit: USD446.0 million, -12.9%;
  • Total assets: USD3901 million, +6.9% when compared to period ended 31-Dec-2010;
  • Cash and cash equivalents: USD503.5 million, +20.9% when compared to period ended 31-Dec-2010;
  • Total liabilities: USD2961 million, -2.1% when compared to period ended 31-Dec-2010.

*Based on the conversion rate at USD1 = COP1915