Loading
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

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More