7-Feb-2013 1:12 PM

Aer Lingus reports mixed profit in 2012

Aer Lingus revenue up 8% - financial highlights for 12 months ended 31-Dec-2012:

  • Revenue: EUR1393 million, +8.2% year-on-year;
    • Ancillary: EUR176.5 million, +4.6%;
  • Operating costs: EUR1324 million, +6.9%;
    • Fuel: EUR358.6 million, +24.2%;
    • Airport charges: EUR295.3 million, +7.1%;
    • Labour: EUR266.7 million, +2.4%;
  • Operating profit: EUR69.1 million, +40.7%;
  • Profit before tax: EUR40.6 million, -51.9%;
  • Profit after tax: EUR34.1 million, -52.1%;
  • Passenger numbers: 9.7 million, +1.5%;
  • Aer Lingus Regional: 1.0 million, +33.2%;
  • Passenger load factor: 77.7%, +2.1 ppts;
  • Average yield: EUR120.15, +7.0%;
  • Retail revenue per passenger: EU18.28, +3.1%;
  • Total assets: EUR1782 million, -2.5%;
  • Cash and cash equivalents: EUR312.9 million, +18.3%;
  • Total liabilities: EUR947.0 million, -4.4%. [more – original PR]

Aer Lingus: “Aer Lingus will return to higher capacity growth in 2013 adding one aircraft on the North Atlantic and four short haul aircraft in co-operation with Virgin Atlantic out of London Heathrow. This represents an increase of 5.0% in our available seat kilometres. We will also fly one Airbus A330 aircraft during the next two winter seasons, with an option for a further one, on behalf of a major European tour operator which will improve aircraft utilisation in the low season. We will also continue to invest in our IT infrastructure, enabling Aer Lingus to deliver superior customer service and convenience while driving down overall costs at the same time.” Source: Company statement, 06-Feb-2013.

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