11-Nov-2011 11:42 AM
Asiana Airlines reports 39% decline in operating profit in 3Q2011
Asiana Airlines revenue up 2% - financial highlights for three months ended 30-Sep-2011:
- Revenue: USD1246 million, +2.1% year-on-year;
- Total costs: USD1111 million, +11.0%;
- Fuel: USD422.5 million, +33.6%;
- Labour: USD129.2 million, +5.6%;
- Operating profit: USD134.3 million, -38.7%;
- Net profit (loss): (USD41.9 million), compared to a profit of USD142.8 million in p-c-p;
- International passenger traffic (RPKs): +9.5%;
- International passenger load factor: 79.9%, -0.6 ppt;
- International passenger yield: USD 9.96 cents, +1.0%;
- Cargo traffic (FRTKs): +9.5%;
- Cargo load factor: 75.8%, -1.1 ppt;
- Cargo yield: USD 28.75 cents, -11.6%;
- Total assets: USD5085 million, -3.2% when compared to period ended 31-Dec-2010;
- Total liabilities: USD4392 million, -3.3% when compared to period ended 31-Dec-2010;
- 2011 fleet plan:
- Total fleet: 71 aircraft;
- Passenger: 62;
- Freighter: Nine;
- Total fleet: 71 aircraft;
- 2012 fleet plan:
- Total fleet: 80;
- Passenger: 69;
- Freighter: 11. [more - Original PR][more - CAPA Analysis]
- Total fleet: 80;
*Based on the conversion rate at USD1 = KRW1132