Aeromexico Group reports 25% operating profit growth in 1Q2016

Aeromexico Group revenue up 13% - financial highlights for three months ended 31-Mar-2016:

• Revenue: MXN12,061 million (USD669.5 million), +12.9% year-on-year;
• Costs: MXN11,420 million (USD633.9 million), +12.3%;
• • Labour: MXN2609 million (USD144.8 million), +9.7%;
  • Fuel: MXN2107 million (USD117.0 million), -15.6%;
• Operating profit: MXN642 million (USD35.6 million), +24.6%;
• Net profit: MXN161 million (USD8.9 million), -12.6%;
• Passenger numbers: 4.5 million, +2.3%;
• Scheduled load factor: 76.3%, -1.0 ppt;
• Yield: MXN1.398 (USD 7.8 cents), +4.5%;
• Total revenue per ASK: MXN1.161 (USD 6.4 cents), +3.3%;
• Passenger revenue per ASK: MXN1.049 (USD 5.8 cents), +3.3%;
• Total cost per ASK: MXN1.11 (USD 6.2 cents), +3.2%;
• Cost per ASK excl fuel: MXN0.907 (USD 5.0 cents), +11.6%;
• Total assets: MXN51,690 million (USD2869 million);
• Cash and cash equivalents: MXN5638 million (USD313.0 million);
• Total liabilities: MXN40,599 million (USD2254 million). [more - original PR]

*Based on the average conversion rate at MXN1 = USD0.055512