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9-Jul-2012 3:24 PM

Large US airlines report USD228m operating profit in 1Q2012

US Bureau of Transportation Statistics (BTS) reported (06-Jul-2012) US' 10 largest scheduled passenger airlines reported a 0.7% profit margin in the three months ended 31-Mar-2012. As a group, the airlines reported a profit of USD228 million with losses reported by American Airlines, United Airlines and AirTran. The 10 airlines transported 79.8% of US airlines' scheduled passenger numbers in 1Q2012. Financial highlights for the US' 10 largest scheduled passenger airlines are as follows:

  • Operating revenue: USD33,127 million;
    • Passenger revenue: USD24,088 million;
  • Operating costs: USD32,899 million;
  • Operating profit: (loss): USD228 million;
  • Passenger yield per RPM: USD 14.7 cents, +5.8% year-on-year;
  • Revenue per ASM: USD 16.1 cents, +8.1%;
  • Cost per ASM: USD 16.0 cents, +6.7%;

*United Airlines and Continental Airlines began reporting jointly in 1Q2012

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