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

1-Nov-2010 2:18 PM

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]