16-Nov-2011 1:27 PM
AviancaTaca Holding operating profit up 5% in 3Q2011
AviancaTaca Holding revenue up 27% - financial highlights for three months ended 30-Sep-2011:
- Operating revenue: USD1001 million, +26.7% year-on-year;
- Total operating costs: USD704.9 million, +34.6%;
- Operating profit: USD124.2 million, +4.8%;
- Net profit: USD446.0 million, -12.9%;
- Total assets: USD3901 million, +6.9% when compared to period ended 31-Dec-2010;
- Cash and cash equivalents: USD503.5 million, +20.9% when compared to period ended 31-Dec-2010;
- Total liabilities: USD2961 million, -2.1% when compared to period ended 31-Dec-2010.
*Based on the conversion rate at USD1 = COP1915