26-Oct-2017 3:35 PM
Air Canada operating profit up 12% in 3Q2017
Air Canada reported (25-Oct-2017) financial highlights for three months ended 30-Sep-2017:
- Operating revenue: CAD4880 million (USD3892 million), +9.6% year-on-year;
- Passenger: CAD4478 million (USD3572 million), +9.1%;
- Cargo: CAD179 million (USD142.8 million), +37.7%;
- Operating costs: CAD3876 million (USD3091 million), +9.0%;
- Fuel: CAD832 million (USD663.6 million), +17.5%;
- Labour: CAD690 million (USD550.3 million), +4.9%;
- Operating profit: CAD1004 million (USD800.8 million), +12.1%;
- Net profit: CAD1786 million (USD1425 million), +132.6%;
- Passenger numbers: 14.0 million, +5.0%;
- Passenger load factor: 85.3%, -0.2ppt;
- Yield: CAD16.6 cents (USD13.24 cents), +0.4%;
- Passenger revenue per ASM: CAD14.2 cents (USD11.33 cents), +0.1%;
- Operating revenue per ASM: CAD15.7 cents (USD12.52 cents), +0.5%;
- Operating cost per ASM: CAD12.5 cents (USD9.97 cents), -0.1%;
- Total assets: CAD17,421 million (USD13,895 million);
- Cash, cash equivalents and short-term investments: CAD4135 million (USD3298 million);
- Total liabilities: CAD14,354 million (USD11,449 million). [more - original PR]
*Based on the average conversion rate at USD1 = CAD1.253775