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25-Jul-2012 1:54 PM

Grupo Aeromexico profits down in 2Q2012

Grupo Aeromexico revenue up 15% – financial highlights:

  • Three months ended 30-Jun-2012:
    • Revenue: MXN9919 million (USD734.0 million), +15.2% year-on-year;
    • Total operating costs: MXN8130 million (USD601.6 million), +20.1%;
      • Fuel: MXN3268 million (USD241.8 million), +20.9%;
      • Labour: MXN1982 million (USD146.7 million), +25.0%;
    • Operating profit: MXN744 million (USD55.1 million), -24.2%;
    • Net profit: MXN153 million (USD11.3 million), -73.8%;
    • Yield: MXN1.563 (USD 11.57 cents), +5.7%;
    • Revenue per ASK: MXN1.330 (USD 9.84 cents), +7.4%;
    • Total cost per ASK: MXN1.23 (USD 9.10 cents), +12.1%;
    • Cost per ASK excl fuel: MXN0.792 (USD 5.86 cents), +11.9%;
  • Six months ended 30-Jun-2012:
    • Revenue: MXN19,147 million (USD1417 million), -15.9%;
    • Total operating costs: MXN15,874 million (USD1175 million), +20.7%;
      • Fuel: MXN6395 million (USD473.2 million), +25.7%;
      • Labour: MXN3903 million (USD288.8 million), +17.1%;
    • Operating profit: MXN1196 million (USD88.5 million), -25.9%;
    • Net profit: MXN288 million (USD21.3 million), -66.1%;
    • Yield: MXN1.529 (USD11.31 cents), +3.4%;
    • Revenue per ASK: MXN1.3305 (USD 9.66 cents), +8.3%;
    • Total cost per ASK: MXN1.224 (USD 9.06 cents), +12.6%;
    • Cost per ASK excl fuel: MXN0.788 (USD 5.83 cents), +10.1%;
    • Total assets: MXN26,829 million (USD1985 million), +31.7%;
    • Cash and cash equivalents: MXN4142 million (USD306.5 million), -15.3%;
    • Total liabilities: MXN20,124 million (USD1489 million), +26.5%. [more – original PR]

*Based on the average conversion rate at USD1 = MXN13.5138 for the period

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