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PAL Holdings reports loss in 1QFY2012

18-Aug-2011 10:53 AM

PAL Holdings reports (18-Aug-2011) the following consolidated financial highlights for the three months ended Jun-2011:

  • Revenue*: USD462.8 million, +1.1% year-on-year;
    • Passenger: USD393 million, -1.6%;
    • Cargo: USD34 million, -5.2%;
  • Costs: USD473.5 million, +12.8%;
    • Flying operations: USD290.9 million, +21.1%;
  • Operating profit/loss: (USD10.7 million), compared with a loss of USD37.8 million in p-c-p;
  • Comprehensive income/loss: (USD11.2 million), compared with a loss of USD38.3 million in p-c-p;
  • Passenger yield: +9%. [more]

*Based on the conversion rate USD1 = PHP42.44