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Copa Holdings operating profit up 29% in 3Q2013

13-Nov-2013 1:53 PM

Copa Holdings revenue up 15% - financial highlights for three months ended 30-Sep-2013:

  • Total operating revenue: USD677.3 million, +14.7% year-on-year;
    • Passenger: USD656.0 million, +15.4%;
    • Cargo: USD21.3 million, -2.7%;
  • Total operating costs: USD529.8 million, +11.2%;
    • Fuel: USD198.2 million, +6.1%;
    • Labour: USD69.9 million, +11.1%;
  • Operating profit: USD147.5 million, +29.3%;
  • Net profit: USD126.0 million, +12.6%;
  • Passenger numbers: 2.0 million, +7.4%;
  • Load factor: 78.1%, +2.6 ppts;
  • Breakeven load factor: 61.4%, +1.6 ppt;
  • Yield: USD 17.2 cents, -0.1 ppt;
  • Passenger revenue per ASM: USD 13.5 cents, +3.4%;
  • Revenue per ASM: USD 13.9 cents, +2.8%;
  • Cost per ASM: USD 10.9 cents, -0.3%;
  • Cost per ASM excl fuel: USD 6.8 cents, +2.7%;
  • Average stage length: 1160 miles, +7.2%;
  • Total assets: USD3870 million;
  • Cash and cash equivalents: USD475.2 million;
  • Total liabilities: USD2051 million. [more - original PR]