Grupo Aeroméxico operating profit up 15% in 2Q2013

Grupo Aeroméxico revenue down 3% - financial highlights:

• Three months ended 30-Jun-2013:
• • Revenue: MXN9500 million (USD757.3 million), -3.2% year-on-year;
  • • Excess baggage: MXN82 million (USD6.5 million), +17%;
  • Total operating costs: MXN7525 million (USD599.9 million), -4.9%;
  • • Fuel: MXN2879 million (USD229.5 million), -11.9%;
    • Labour: MXN2067 million (USD164.8 million), +4.3%;
  • Operating profit: MXN747 million (USD59.5 million), +15.1%;
  • Net profit: MXN322 million (USD25.7 million), +111%;
  • Passenger numbers: 3.6 million, +0.6%;
  • Scheduled service load factor: 75.9%, -0.7 ppt;
  • Revenue per ASK: MXN1.25 (USD 9.9 cents), -5.25;
  • Total cost per ASK: MXN1.15 (USD 9.2 cents), -6.5%;
  • Cost per ASK excl fuel: MXN0.77 (USD 6.1 cents), -2.6%;
• Six months ended 30-Jun-2013:
• • Revenue: MXN18,674 million (USD1489 million), -1.5%;
  • • Excess baggage: MXN159 million (USD12.7 million)) +14.4%;
  • Total operating costs: MXN15,281 million (USD1218 million), -1.1%;
  • • Fuel: MXN6047 million (USD482.1 million), -5.4%;
    • Labour: MXN4127 million (USD329.0 million), +5.4%;
  • Operating profit: MXN936 million (USD74.6 million), -7.4%;
  • Net profit: MXN200 million (USD15.9 million), -30.6%;
  • Passenger numbers: 7.1 million, -1.4%;
  • Scheduled service load factor: 74.7%, -2.0 ppts;
  • Revenue per ASK: MXN1.22 (USD 9.7 cents), -5.4%;
  • Total cost per ASK: MXN1.16 (USD9.3 cents), -5.1%;
  • Cost per ASK excl fuel: MXN0.765 (USD 6.1 cents), -2.8%;
  • Total assets: MXN29,229 million (USD2335 million);
  • Cash and cash equivalents: MXN2289 million (USD183 million);
  • Total liabilities: MXN21,853 million (USD1746 million). [more - original PR]