27-Feb-2012 12:05 PM
Thai Airways reports mixed profits in 2011
Thai Airways revenue up 6% - financial highlights for 12 months ended 31-Dec-2011:
- Total revenue: USD6405 million, +5.5% year-on-year;
- Total costs**: USD6586 million, +13.1%;
- Fuel: USD2518 million, +35.2%;
- Labour: USD1022 million, -10.2%;
- EBITDA: USD567.1 million, -38.7%;
- EBITDAR: USD746.0 million, -30.1%;
- Profit (loss) before tax: (USD260.9 million), compared to a profit of USD549.0 million in p-c-p;
- Net profit (loss): (USD336.1 million), compared to a profit of USD485.9 million in p-c-p;
- Passenger numbers: 18.4 million, +1.2%;
- Passenger load factor: 70.4%, -3.2 ppts;
- Passenger yield: USD 9.06 cents, +7.0%;
- Cargo traffic (FTKs): -4.5%;
- Cargo load factor: 56.2%, -5.3 ppts;
- Cargo yield: USD 32.59 cents, +4.1%
- Total assets: USD9045 million, -7.5%;
- Total liabilities: USD6954 million, -4.2%. [more - original PR]
*Based on the conversion rate at USD1 = THB30.343
**Excluding gains (losses) on foreign currency exchange