25-Oct-2012 10:51 AM
US Airways reports highest third quarter profit in 3Q2012
US Airways revenue up 3% - financial highlights for three months ended 30-Sep-2012:
- Total operating revenue: USD3533 million, +2.8% year-on-year;
- Total operating costs: USD3265 million, +0.3%;
- Fuel: USD893 million, -1.3%;
- Labour: USD609 million, +5.5%;
- Express fuel: USD272 million, -0.5%;
- Operating profit: USD268 million, +48.9%;
- Net profit: USD245 million, +224%;
- Passenger numbers: 1.1 million, +2.0%;
- Passenger load factor: 84.9%, -0.1 ppt;
- Yield: USD 16.04 cents, +0.6%;
- Passenger revenue per ASM: USD 13.63 cents, +0.5%;
- Total revenue per ASM: USD 15.22 cents, +0.1%;
- Operating cost per ASM: USD 14.07 cents, -2.4%;
- Cost per ASM excl fuel and special items: USD 8.99 cents, -1.7%;
- Total assets: USD9320 million, +11.8% when compared to period ended 31-Dec-2011;
- Cash and cash equivalents: USD2435 million, +25.1% when compared to period ended 31-Dec-2011;
- Total liabilities: USD8561 million, +4.6% when compared to period ended 31-Dec-2011;
- FY2012 forecast:
- Mainline capacity (ASMs): 74,200 million;
- Mainline cost per ASM excl fuel, special items and profit sharing: stable to +2% year-on-year;
- Mainline cargo revenue: USD154 million;
- Mainline other revenue: USD1365 million
- Cash capex: USD170 million;
- Net new aircraft capex and PDPs: USD138 million. [more - original PR - Form 10Q] [more - original PR - Form 8K]
US Airways: "Looking forward, the revenue environment remains strong. As evidenced by these outstanding financial and operational results, US Airways is extremely well-positioned for the remainder of 2012 and beyond,"Doug Parker, Chairman and CEO. Source: Company statement, 24-Oct-2012.