Large US airlines report USD144m net loss in 4Q2012

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]