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Meridiana fly losses narrow in 1Q2012

16-May-2012 2:14 PM

Meridiana fly revenue up 2% – financial highlights for three months ended 31-Mar-2012:

  • Total revenue: EUR141.2 million, +2.3% year-on-year;
  • Costs:
    • Fuel: EUR52.4 million, +13.0%;
    • Labour: EUR21.6 million, +11.8%;
  • EBITDAR (loss): (EUR6.2 million), compared to a loss of EUR17.4 million in p-c-p;
  • EBITDA (loss): (EUR21.8 million), compared to a loss of EUR31.6 million in p-c-p;
  • EBIT (loss): (EUR25.7 million), compared to a loss of EUR35.4 million in p-c-p;
  • Passenger numbers: 752,874, -11.7%;
  • Fleet: 38 aircraft, +3 aircraft;
  • Net profit (loss): (EUR28.2 million), compared to a loss of EUR37.2 million in p-c-p;
  • Total assets: EUR456.6 million, +62.8% when compared to period ended 31-Dec-2011;
  • Total liabilities: EUR423.2 million, +50.9% when compared to period ended 31-Dec-2011.