Indonesia AirAsia losses widen in 3Q2015

Indonesia AirAsia revenue down 14% - financial highlights for three months ended 30-Sep-2015:

• Revenue: IDR1484 billion (USD107.2 million), -13.7% year-on-year;
• Costs:
• • Fuel: IDR559.2 billion (USD40.4 million), -18.3%;
  • Aircraft operating lease: IDR311.0 billion (USD22.5 million), +4.8%;
• Operating profit (loss): (IDR59.5 billion) (USD4.3 million), compared to a profit of IDR76.1 billion (USD5.5 million) in p-c-p;
• Profit (loss) after tax: IDR262.1 billion (USD18.9 million), compared to a profit of IDR1.7 billion (USD0.1 million) in p-c-p;
• Passenger numbers: 1.6 million, -12%;
• Load factor: 75%, -4 ppts;
• Revenue per ASK: IDR501.51 (USD 3.6 cents), -21%;
• Cost per ASK: IDR521.63 (USD 3.8 cents), -14%;
• Cost per ASK excl fuel: IDR332.61 (USD 2.4 cents), -6%;
• Average stage length: 1258 km, +6%;
• Total assets: IDR4968 billion (USD358.8 million);
• Cash and short-term deposits: IDR150.9 billion (USD10.9 million);
• Total liabilities: IDR5229 billion (USD377.6 million). [more - original PR]

*Based on the average conversion rate at USD1 = IDR13,845.4402