Alaska Air Group reports USD493m operating profit in 2Q2017

Alaska Air Group reported (26-Jul-2017) the following financial highlights:

• Three months ended 30-Jun-2017:
  • Total operating revenue: USD2102 million, +10% year-on-year;
  • Total operating costs: USD1609 million, +13%;
    • Fuel: USD344 million, +24%;
  • Operating profit: USD493 million, +1%;
  • Adjusted profit before tax: USD505 million, +2%;
  • Passengers: 11.4 million, +6.2%;
  • Passenger load factor: 86.8%, +1.6ppt;
  • Passenger revenue per ASM: USD11.57 cents, +3.7%;
  • Revenue per ASM: USD 13.46 cents, +3.5%;
• Six months ended 30-Jun-2017:
  • Total operating revenue: USD3851 million, +6%;
  • Total operating costs: USD3192 million, +13%;
    • Fuel: USD683 million, +32%;
  • Operating profit: USD659 million, -19%;
  • Adjusted profit before tax: USD707 million, -13%;
  • Passengers: 21.4 million, +5.3%;
  • Passenger load factor: 84.2%, +0.8ppt;
  • Passenger revenue per ASM: USD 10.97 cents, +0.5%;
  • Revenue per ASM: USD 12.83 cents, +0.6%;
  • Total assets: USD10,720 million;
  • Cash and marketable securities: USD1922 million;
  • Total liabilities: USD7456 million. [more - original PR]

*Year-on-year change (%) based on comparative results for three months and six months ended 30-Jun-2016