1-Jul-2011 2:10 PM
flybe revenue up 4.4% in FY2011
flybe revenue up 4.4% - financial highlights for the 12 months ended Mar-2011:
- Revenue: GBP595.5 million, +4.4% year-on-year;
- Ticket revenue: GBP446.8 million, +2.8%;
- Ancillary revenue: GBP98.9 million, +15%;
- Maintenance and other revenue: GBP49.8 million, stable;
- Operating costs: GBP596.4 million, +9.9%;
- Fuel: +6.8%;
- Staff costs: -1.3%;
- Operating profit/loss: (GBP0.9 million), compared with a profit of GBP27.6 million in p-c-p;
- Profit/loss before tax: (GBP4.3 million), compared with a profit of GBP24.6 million in p-c-p;
- Profit after tax: GBP3.8 million, -82.9%;
- Operating cash flow: GBP18.1 million, +21.5%;
- Passenger numbers: 7.2 million, -0.2%;
- Seats flown: 11.6 million, +2.8%;
- Passenger yield: GBP76.15 cents, +5%. [more]
flybe: "We expect single-digit percentage growth in 2011/12 in passenger numbers and revenues in our core UK domestic and UK to Europe businesses. Current trading is encouraging, with forward ticket sales revenue up 8.4% year-on-year on broadly flat capacity. We repeat our guidance for 2011/12 of a profit before tax broadly comparable to the 2010/11 underlying profit before tax and one-off items," Source: Company statement, 30-Jun-2011.