Loading
1-Nov-2010 2:18 PM

Iberia revenue up 15%, reports operating profitability in 3Q2010

Iberia revenue up 15% - financial highlights for the three months ended 30-Sep-2010:

  • Revenue: EUR1,341 million, +14.9% year-on-year;
    • Passenger: EUR962 million, +12.4%;
  • Operating costs: EUR1,269 million, +4.0%;
    • Fuel: EUR303 million, -2.2%;
    • Labour: EUR333 million, +2.6%;
  • Operating profit: EUR77 million, compared to a loss of EUR56 million in p-c-p;
  • Passenger traffic (RPKs): +7.7%;
  • Cargo traffic (FTKs): +16.9%;
  • Load factor: 85.6%, +3.4 ppts;
  • Yield: EUR 6.68 cents, +4.3%;
  • Revenue per ASK: EUR 7.96 cents, +11.1%;
  • Passenger revenue per ASK: EUR 5.72 cents, +8.6%;
  • Cost per ASK: EUR 7.54 cents, +0.5%;
  • Total assets: EUR6,001 million, +18.9% when compared with period ended 31-Dec-2009;
  • Cash and cash equivalents: EUR816 million, -7.9% when compared with period ended 31-Dec-2009;
  • Total liabilities: EUR3,967 million, +13.5% when compared with period ended 31-Dec-2009. [more]

Want More News Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More