Avianca Holdings revenue up 4% in 4Q2016

Avianca Holdings revenue up 4% - financial highlights:

• Three months ended 31-Dec-2016:
• • Total operating revenue: USD1105 million, +3.5% year-on-year;
  • Operating profit: USD77.3 million, -13.1%;
  • Net profit (loss): USD26.4 million, compared to a loss of USD252.2 million in p-c-p;
  • Passenger numbers: 7.7 million, +5.0%;
  • Load factor: 83.8%, +4.1 ppts;
  • Yield: USD 8.6 cents, -5.0%;
  • Revenue per ASK: USD 9.1 cents, -1.0%;
  • Passenger revenue per ASK: USD 7.2 cents, stable;
  • Cost per ASK: USD 8.5 cents, +0.4%;
  • Cost per ASK excl fuel: USD 6.7 cents, +0.5%;
• 12 months ended 31-Dec-2016:
• • Total operating revenue: USD4138 million, -5.1%;
  • • Passenger: USD3285 million, -5.0%;
    • Cargo and other: USD853.1 million, -5.6%;
  • Total operating costs: USD3880 million, -6.3%;
  • • Fuel: USD785.3 million, -22.0%;
    • Labour: USD661.7 million, -0.7%;
  • Operating profit: USD258.5 million, +18.1%;
  • Net profit (loss): USD44.2 million, compared to a loss of USD139.5 million in p-c-p;
  • Passenger numbers: 29.5 million, +4.2%;
  • Load factor: 81.1%, +1.4 ppts;
  • Revenue per ASK: USD 8.8 cents, -10.2%;
  • Cost per ASK: USD8.2 cents, -11.8%;
  • Total assets: USD6351 million;
  • Cash and cash equivalents: USD375.8 million;
  • Total liabilities: USD4931 million. [more - original PR]