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26-Oct-2012 10:56 AM

Alaska Air Group operating profit up 88%, record net profit in 3Q2012

Alaska Air Group revenue up 6% - financial highlights for three months ended 30-Sep-2012:

  • Total operating revenue: USD1272 million, +6.2% year-on-year;
  • Total operating costs: USD1003 million, -4.9%;
    • Fuel: USD336.6 million, -19.9%;
    • Labour: USD255.1 million, +4.1%;
  • Operating profit: USD269.5 million, +88.2%;
  • Net profit: USD163.4 million, +110.8%;
  • Passenger numbers: 7.0 million, +3.6%;
  • Load factor: 86.9%, +0.4 ppt;
  • Yield: USD 15.35 cents, -0.3%;
  • Passenger revenue per ASM: USD 13.33 cents, +0.1%;
  • Revenue per ASM: USD 15.38 cents, -0.5%;
  • Cost per ASM excl fuel and fleet transition costs: USD 8.05 cents, -1.5%;
  • Total assets: USD5436 million, +4.6% when compared to period ended 31-Dec-2011;
  • Cash and marketable securities: USD1186 million, +3.9% when compared to period ended 31-Dec-2011;
  • Total liabilities: USD3997 million, -0.6% when compared to period ended 31-Dec-2011;
  • Advanced booked load factors:
    • Oct-2012: +2.5 ppts;
    • Nov-2012: +1.0 ppt;
    • Dec-2012: -0.5 ppt;
  • 4Q2012 forecast:
    • Capacity (ASMs): +7%;
    • Cost per ASM excl fuel and special items: USD 8.60 cents to USD 8.65 cents;
  • FY2012 forecast:
    • Capacity: +6%;
    • Cost per ASM excl fuel and special items: USD 8.45 cents to USD 8.50 cents. [more - original PR]

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