Grupo Aeromexico operating profit down 29% in 1Q2012

Grupo Aeromexico revenue up 17% - financial highlights for three months ended 31-Mar-2012:

• Revenue: MXN9228 million (USD710.7 million), +16.8% year-on-year;
• Total operating costs: MXN7744 million (USD596.4 million, +21.3%;
  • Fuel: MXN3127 million (USD240.8 million), +31.1%;
  • Labour: MXN1921 million (USD147.9 million), +9.9%;
• EBITDAR: MXN1484 million (USD114.3 million), -2.4%;
• EBITDA: MXN576 million (USD44.4 million), -21.4%;
• Operating profit: MXN452 million, -28.7%;
• Net profit: MXN135 million (USD10.4 million), -48.9%;
• Total assets: MXN23,513 million (USD1811 million), +46.0%;
• Cash and cash equivalents: MXN3609 million (USD277.9 million), +172.6%;
• Total liabilities: MXN18,087 million (USD1393 million, +16.9%;
• Passenger numbers: 3.6 million, +10%;
• Load factor: 76.9%, +1.4 ppts;
• Yield per RPK: MXN1.49 (USD 11.51 cents), +0.5%;
• Revenue per ASK: MXN1.28 (USD 9.85 cents), +9.2%;
• Cost per ASK: MXN1.22 (USD 9.37 cents), +13.0%;
• Cost per ASK excl fuel: MXN0.78 (USD 6.03 cents), +8.0%. [more - original PR]

*Based on the average conversion rate at USD1 = MXN12.9846 for the period