Loading
31-Jan-2011 12:20 PM

AirTran revenue up 8% but profits plummet in 4Q2010

AirTran revenue up 8% - financial/traffic highlights:

  • Three months ended 31-Dec-2010:
    • Operating revenue: USD645.5 million, +7.9% year-on-year;
    • Operating costs: USD645.3 million, +12.7%;
      • Fuel: USD227.4 million, +16.1%;
      • Labour: USD136.2 million, +9.2%;
    • Operating profit: USD246,000, -99.1%;
    • Net profit: USD1.9 million, -88.7%;
    • Passenger numbers: 6.1 million, +3.5%;
    • Passenger load factor: 80.6%, +2.8 ppts;
    • Average fare*: USD94.18, +3.8%;
    • Average yield: USD 12.23 cents, +2.9%;
    • Passenger revenue per ASM: USD 9.86 cents, +6.5%;
    • Total revenue per ASM: USD 11.04 cents, +6.9%;
    • Operating cost per ASM: USD 11.03 cents, +11.8%;
    • Cost per ASM excl fuel: USD 7.15 cents, +10.0%;
  • 12 months ended 31-Dec-2010:
    • Operating revenue: USD2619 million, +11.9%;
    • Operating costs: USD2491 million, +15.1%;
      • Fuel: USD867.5 million, +27.8%;
      • Labour: USD528.5 million, +8.2%;
    • Operating profit: USD128.2 million, -27.6%;
    • Net profit: USD38.5 million, -71.4%;
    • Passenger numbers: 24.7 million, +3.0%;
    • Passenger load factor: 81.4%, +1.6 ppt;
    • Average fare*: USD95.26, +9.4%;
    • Average yield: USD 12.03 cents, +7.0%;
    • Passenger revenue per ASM: USD 9.79 cents, +9.1%;
    • Total revenue per ASM: USD 10.88 cents, +8.3%;
    • Operating cost per ASM: USD 10.35 cents, +11.4%;
    • Cost per ASM excl fuel: USD 6.75 cents, +5.8%. [more]

*Excluding transportation taxes

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More