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Skymark back in the black in FY2010

18-May-2010 11:33 AM

Skymark Airlines reports (13-May-2010) the following financial highlights for the 12 months ended 31-Mar-2010:

  • Sales: USD448.4 million*, -2% year-on-year;
  • Operating profit: USD33.5 million, compared with a loss of USD27.0 million in the previous corresponding period;
  • Net profit: USD28.1 million, n/a;
  • Load factor: 78.0%, +3.2 ppts;
  • Breakeven load factor: 72.0%, -7.4 ppts;
  • Revenue per passenger: USD138.67, -5%;
  • Cost per seat: USD99.90, -14%;
  • FY2011 Forecast:
    • Sales: USD551.1 million, +22.9%;
    • Operating profit: USD49.7 million, +48.4%;
    • Net profit: USD27.0 million.

*Based on the conversion rate at USD1 = JPY92.5493