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Large US airlines report USD144m net loss in 4Q2012

15-May-2013 3:08 PM

US Bureau of Transportation Statistics reported (14-May-2013) the largest scheduled passenger airlines recorded a net loss of USD145 million in the four months ended 31-Dec-2012, compared to a loss of USD602 million in p-c-p. For the full year 2012, the 10 largest airlines reported a net profit of USD201 million, up from a net loss of USD0.5 million in 2011. Details include:

  • 4Q2012:
    • Operating revenue: USD33,932 million;
      • Passenger: USD24,761 million;
      • Baggage fees: USD841 million;
      • Reservation change fees: USD610 million;
    • Operating costs: USD33,535 million;
    • Operating profit: USD397 million;
    • Net profit (loss): (USD144.5 million), compared to a loss of USD602.3 million in p-c-p;
    • Passenger yield: USD 14.3 cents, stable;
    • Unit revenue: USD 16.1 cents, +0.6%;
    • Unit costs: USD 16.0 cents, +1.3%;
  • 2012:
    • Operating profit: USD5311 million;
    • Net profit: USD201.2million, compared to a loss of USD0.5 million in p-c-p. [more - original PR]