24-Nov-2017 10:52 AM
AirAsia X falls into the red in 3Q2017
AirAsia X reported (23-Nov-2017) the following financial highlights for the three months ended 30-Sep-2017:
- Revenue: MYR1124 million (USD263.6 million), +14.5% year-on-year;
- Ancillary: MYR209.3 million (USD49.1 million), +29.3%;
- Costs: MYR1169 million (USD274.1 million), +25.1%;
- Fuel: MYR351.8 million (USD82.5 million), +24.7%;
- Aircraft operating lease: MYR234.6 million (USD55.0 million), +5.6%;
- Operating profit (loss): (MYR35.0 million) (USD8.2million), compared to a profit of MYR50.8 million (USD12.5 million) in p-c-p;
- Net profit (loss): (MYR43.3 million) (USD10.2 million), compared to a profit of MYR11.0 million (USD2.7 million) in p-c-p;
- Passengers: 1.5 million, +23%;
- Passenger load factor: 79.3%, +1.4ppt;
- Passenger fare: MYR496 (USD116), -1.0%;
- Revenue per ASK: MYR 12.32 sen (USD 2.9 cents), -3.0%;
- Cost per ASK: MYR 12.80 sen (USD 3.0 cents), +6.1%;
- Cost per ASK excl fuel: MYR8.95 sen (USD 2.1 cents), +6.4%;
- Average sector length: 4844 km, -2%;
- Total assets: MYR4356 million (USD1021 million);
- Deposits, cash and bank balances: MYR460.6million (USD108.0 million);
- Total liabilities: MYR3363 million (USD788.5 million). [more - original PR]
*Based on the average conversion rate at MYR1 = USD0.234459 for 3Q2017
*Based on the average conversion rate at MYR1 = USD0.246625 for 3Q2016