Loading
26-Jan-2018 11:13 AM

Alaska Air Group reports USD162m operating profit in 4Q2017

Alaska Air Group reported (25-Jan-2018) the following financial highlights:

  • Three months ended 31-Dec-2017:
    • Total operating revenue: USD1962 million, +29% year-on-year;
    • Total operating costs: USD1800 million, +40%;
      • Labour: USD532 million, +42%;
      • Fuel: USD396 million, +66%;
    • Operating profit: USD162 million, -33%;
    • Net profit: USD367 million, +222%;
    • Passengers: 11.0 million, +25.4%;
    • Passenger load factor: 83.4%, -1.1ppt;
    • Yield: USD 12.84 cents, -3.9%;
    • Passenger revenue per ASM: USD 10.71 cents, -5.1%;
    • Revenue per ASM: USD 12.34 cents, -7.6%;
  • 12 months ended 31-Dec-2017:
    • Total operating revenue: USD7933 million, +34%;
    • Total operating costs: USD6673 million, +46%;
      • Labour: USD1924 million, +39%;
      • Fuel: USD1447 million, +74%;
    • Operating profit: USD1260 million, -7%;
    • Net profit: USD1028 million, +26%;
    • Passengers: 44.0 million, +28.4%;
    • Passenger load factor: 84.3%, stable;
    • Yield: USD 13.03 cents, -3.1%;
    • Passenger revenue per ASM: USD 10.98 cents, -3.2%;
    • Revenue per ASM: USD 12.78 cents, -4.9%;
    • Total assets: USD10,722 million;
    • Cash and marketable securities: USD1621 million;
    • Total liabilities: USD7007 million. [more - original PR]

*Reflects the results of operations for Virgin America for the three and twelve months ended 31-Dec-2017 and for the period 14-Dec-2016 through 31-Dec-2016

Want More News Like This?

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