9-Feb-2017 12:53 PM
Alaska Air Group reports operating profit growth in 2016
Alaska Air Group revenue up 11% - financial highlights:
- Three months ended 31-Dec-2016:
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- Total operating revenue: USD1524 million, +11% year-on-year;
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- Passenger: USD1288 million, +9%;
- Freight and mail: USD26 million, +4%;
- Total operating costs: USD1283 million, +14%;
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- Labour: USD374 million, +13%;
- Fuel: USD238 million, +12%;
- Operating profit: USD241 million, -5%;
- Net profit: USD114 million, -40%;
- Passenger numbers: 8752 million, +10.4%;
- Passenger load factor: 84.5%, +2.0 ppts;
- Yield: USD 13.36 cents, -3.3%;
- Passenger revenue per ASM: USD 11.29 cents, -0.9%;
- Revenue per ASM: USD 13.36 cents, +0.3%;
- Cost per ASM excl fuel and special items: USD 8.45 cents, -0.4%;
- 12 months ended 31-Dec-2016:
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- Total operating revenue: USD5931 million, +6%;
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- Passenger: USD5006 million, +4%;
- Freight and mail: USD108 million, stable;
- Total operating costs: USD4582 million, +7%;
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- Labour: USD1382 million, +10%;
- Fuel: USD831 million, -13%;
- Operating profit: USD1349 million, +4%;
- Net profit: USD814 million, -4%;
- Passengers: 34.3 million, +7.5%;
- Passenger load factor: 84.3%, +0.2 ppt;
- Yield: USD 13.45 cents, -5.7%;
- Passenger revenue per ASM: USD 11.34 cents, -5.6%;
- Revenue per ASM: USD 13.44 cents, -4.2%;
- Cost per ASM excl fuel and special items: USD 8.23 cents, -0.8%;
- Total assets: USD9977 million;
- Cash and marketable securities: USD1580 million;
- Total liabilities: USD7046 million. [more - original PR]