Loading
29-Feb-2016 11:47 AM

Indonesia AirAsia remains in the red in 2015

Indonesia AirAsia revenue down 37% - financial highlights:

  • Three months ended 31-Dec-2015:
    • Revenue: IDR1097 billion (USD109.7 million), -36.6%;
    • Costs:
      • Fuel: IDR382.5 billion (USD38.2 million), -57.2%;
    • Operating profit (loss): (IDR41.9 billion) (USD4.2 million), compared to a loss of IDR52.3 million (USD5.2 million) in p-c-p;
    • Profit (loss) after tax: (IDR1086 billion) (USD108.6 million), compared to a loss of IDR194.1 billion (USD19.4 million) in p-c-p;
    • Passenger numbers: 1.3 million, -33%;
    • Load factor: 80%, stable;
    • Average fare: IDR700,179 (USD70.0), -3.2%;
    • Revenue per ASK: IDR473.48 (USD 4.7 cents), -20.8%;
    • Cost per ASK: IDR491.55 (USD 4.9 cents), -20.2%;
    • Cost per ASK excl fuel: IDR326.53 (USD 3.3 cents), +6.2%;
    • Average stage length: 1323km, +11%;
  • 12 months ended 31-Dec-2015:
    • Revenue: IDR5024 billion (USD502.4 million), -20.8%;
    • Costs:
      • Fuel: IDR2114 billion (USD211.4 million), -34.2%;
    • Operating profit (loss): (IDR885.2 billion) (USD88.5 million), compared to a loss of IDR635.8 billion (USD63.6 million) in p-c-p;
    • Profit (loss) after tax: (IDR2327 billion) (USD232.7 million), compared to a loss of IDR987.0 billion (USD98.7 million) in p-c-p;
    • Passenger numbers: 6.1 million, -22%;
    • Load factor: 74%, -4 ppts;
    • Average fare: IDR662,871 (USD66.3), +1.8%;
    • Revenue per ASK: IDR451.15 (USD 4.5 cents), -17.0%;
    • Cost per ASK: IDR530.65 (USD 5.3 cents), -11.3%;
    • Cost per ASK excl fuel: IDR340.77 (USD 3.4 cents), +5.6%;
    • Average stage length: 1254km, +6%;
    • Total assets: IDR4832 billion (USD483.2 million);
    • Cash and short-term deposits: IDR104.6 billion (USD10.5 million);
    • Total liabilities: IDR6153 billion (USD615.3 million). [more - original PR]

*Based on the average conversion rate at IDR1 = USD0.0001 for three months ended 31-Dec-2014/5
*Based on the average conversion rate at IDR1 = USD0.0001 for 12 months ended 31-Dec-2014/5

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