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21-Nov-2011 1:24 PM

AviancaTaca raises FY2011 forecast

AviancaTaca released the following operational results for three months ended 30-Sep-2011:

  • Passenger numbers: 5.5 million, +18.2% year-on-year;
  • Passenger load factor: 79.8%, -0.7 ppt;
  • Cargo volume: 43,922 tonnes, -4.1%;
  • Cargo load factor: 68.4%, -7.0 ppts;
  • Revenue per ASK: USD 11.02 cents, +11.5%;
  • Passenger yield: USD 12.32 cents, +16.7%;
  • FY2011 forecast:
    • Revenue: USD3730 million, compared to its previous forecast of USD3508 million;
    • EBITDAR: USD661 million, compared to its previous forecast of USD644 million;
    • Passenger numbers: 20.7 million, compared to its previous forecast of 20.5 million;
    • Capacity (ASKs): -2.5% when compared to its previous forecast;
    • Load factor: 77.4%, compared to its previous forecast of 76.9%.

*Based on the conversion rate at USD1 = COP1915

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