Indonesia AirAsia operating loss widens in 2Q2015

Indonesia AirAsia revenue down 16% - financial highlights for three months ended 30-Jun-2015:

• Revenue: IDR1267 billion (USD96.5 million), -16.0% year-on-year;
• Costs:
• • Fuel: IDR594.4 billion (USD45.3 million), -23.9%;
  • Aircraft operating lease: IDR315.7 billion (USD24.1 million), +7.4%;
• Operating profit (loss): (IDR395.2 billion (USD30.1 million), compared to a loss of IDR271.8 billion (USD20.7 million) in p-c-p;
• Profit (loss) after tax: (IDR486.4 billion (USD37.1 million), compared to a loss of IDR340.3 billion (USD25.9 million) in p-c-p;
• Passenger numbers: 1.6 million, -18%;
• Load factor: 73%, -5 ppts;
• Revenue per ASK: IDR423.67 (USD 3.2 cents), -17.5%;
• Cost per ASK: IDR555.85 (USD 4.2 cents), -8.3%;
• Cost per ASK excl fuel: IDR357.05 (USD 2.7 cents), +5.0%;
• Average stage length: 1240 km, +6%;
• Total assets: IDR2643 billion (USD201.4 million);
• Cash and short-term deposits: IDR260.2 billion (USD19.8 million);
• Total liabilities: IDR6841 billion (USD521.3 million). [more - original PR]

*Based on the average conversion rate at USD1 = IDR13,124.2