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13-May-2013 11:14 AM

Asiana Airlines falls into the red in 1Q2013

Asiana Airlines revenue stable – non-consolidated financial highlights for three months ended 31-Mar-2013:

  • Revenue: KRW1356 billion (USD1251 million), +0.4% year-on-year;
  • Total costs: KRW1388 billion (USD1280 million), +5.5%;
    • Fuel: KRW538.4 billion (USD496.5 million), +6.1%;
    • Labour: KRW160.3 billion (USD147.8 million), +10.5%;
  • Operating profit (loss): (KRW32.2 billion) (USD29.7 million), compared to a profit of KRW35.5 billion (USD32.7 million) in p-c-p;
  • Net profit (loss): (KRW38.2 billion) (USD35.2 million), compared to a profit of KRW3.3 billion (USD3.0 million) in p-c-p;
  • Passenger traffic:
  • Passenger load factor:
    • International: 77.6%, +0.3 ppt;
  • Passenger yield:
    • International: USD 9.5 cents, -2.6%;
    • USA: USD 6.4 cents, +2.3%;
    • Southeast Asia: USD 9.0 cents, +2.7%;
    • EU: USD 6.5 cents, +2.3%;
    • China: USD 17.1 cents, -1.2%;
    • Japan: USD 17.4 cents, -15.8%;
    • Oceania: USD 8.3 cents, -2.3%;
    • CIS: USD 12.3 cents, +6.2%;
  • Cargo traffic: +5.9%;
    • USA: +1.7%;
    • EU: +3.3%;
    • Southeast Asia: +30.8%;
    • China: +17.2%;
    • Japan: -6.1%;
    • Oceania: +4.7%;
    • CIS: -29.8%;
    • Domestic: +29.9%;
  • Cargo load factor: 80.1%, -0.7 ppt;
    • Cargo yield: USD 28.6 cents, -1.7%;
    • USD: USD 23.0 cents, -3.4%;
    • EUR: USD 25.7 cents, -3.4%;
    • Southeast Asia: USD 34.5 cents, -3.4%;
    • China: USD 97.0 cents, +5.5%;
    • Japan: USD 75.9 cents, -9.7%;
    • Oceania: USD 36.2 cents, +1.6%;
    • CIS: USD 124.6 cents, +12.6%;
    • Domestic: USD 35.3 cents, +13.0%;
  • Assets: KRW5823 billion (USD5370 million), +2.7% when compared to period ended 31-Dec-2012;
  • Liabilities: KRW4926 billion (USD4543 million), +4.1% when compared to period ended 31-Dec-2012. [more - original PR]

*Based on the average conversion rate at USD1 = KRW1084.44

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