Pinnacle Airlines Corp revenue up 4% in 2Q2010

Pinnacle Airlines Corp revenue up 4% - consolidated financial highlights:

• Three months ended 30-Jun-2010:
  • Revenue: USD218.7 million, +4% year-on-year;
  • Total operating costs: USD199.0 million, +5.2%;
    • Labour: USD57.8 million, +3.6%;
  • Operating profit: USD19.8 million, -10.9%;
  • Net profit: USD5.9 million, -1.8%;
  • Passenger numbers: 2.7 million, -2%;
  • Load factor: 75.6%, -2.6 ppts;
  • Revenue per ASM: USD 10.41 cents, +4%;
  • Costs per ASM: USD 9.32 cents, +5%;
• Six months ended 30-Jun-2010:
  • Revenue: USD426.8 million, +1.8%;
  • Total operating costs: USD394.3 million, +3.8%;
    • Labour: USD115.2 million, +2.3%;
  • Operating profit: USD32.5 million, -17.0%;
  • Net profit: USD7.6 million, -69.5%;
  • Operating cash flow: USD44.8 million, -28.6%;
  • Cash and cash equivalents: USD79.0 million, -16.1%;
  • Passenger numbers: 5.2 million, stable;
  • Load factor: 74.2%, +0.7 ppt;
  • Revenue per ASM: USD 10.63 cents, +7%;
  • Costs per ASM: USD 9.58 cents, +7%. [more]