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24-Feb-2016 2:52 PM

Grupo Aeromexico reports double-digit operating profit growth in 4Q2015 and FY2015

Grupo Aeromexico revenue up 8% - financial highlights:

  • Three months ended 31-Dec-2015:
    • Total revenue: MXN12,570 million (USD750.4 million), +8.4% year-on-year;
    • Operating costs: MXN8258 million (USD493.0 million), +5.5%;
      • Labour: MXN2529 million (USD151.0 million), +6.5%;
      • Fuel: MXN2498 million (USD149.1 million), -19.9%;
    • Operating profit: MXN1006 million (USD60.1 million), +12.9%;
    • Net profit: MXN133 million (USD7.9 million), -82.5%;
    • Passenger numbers: 4.8 million, +8.5%;
    • Load factor (scheduled): 78.8%, +0.3 ppt;
    • Yield: MXN1.395 (USD 8.33 cents), -4.9%;
    • Total revenue per ASK: MXN1.214 (USD 7.25 cents), -2.4%;
    • Passenger revenue per ASK: MXN1.080 (USD 6.45 cents), -4.3%;
    • Total cost per ASK: MXN1.133 (USD 6.76 cents), -1.1%;
    • Cost per ASK excl fuel: MXN0.891 (USD 5.32 cents), +10.0%;
  • 12 months ended 31-Dec-2015:
    • Total revenue: MXN46,946 million (USD2967 million), +9.4%;
    • Operating costs: MXN31,311 million (USD1979 million), +0.6%;
      • Labour: MXN9815 million (USD620.3 million), +9.5%;
      • Fuel: MXN10,753 million (USD679.6 million), -21.5%;
    • Operating profit: MXN3031 million (USD191.6 million), +71.1%;
    • Net profit: MXN1156 million (USD73.1 million), +47.7%;
    • Passenger numbers: 18.8 million, +9.2%;
    • Load factor (scheduled): 79.7%, -0.1 ppt;
    • Yield: MXN1.337 (USD 8.45 cents), -2.4%;
    • Total revenue per ASK: MXN1.163 (USD 7.35 cents), -1.9%;
    • Passenger revenue per ASK: MXN1.045 (USD 6.60 cents), -2.5%;
    • Total cost per ASK: MXN1.096 (USD 6.93 cents), -19.2%;
    • Cost per ASK excl fuel: MXN0.830 (USD 5.25 cents), +9.1%;
    • Total assets: MXN49,899 million (USD3154 million);
    • Cash and cash equivalents: MXN5071 million (USD320.5 million);
    • Total liabilities: MXN39,125 million (USD2473 million). [more - original PR]

*Based on the average conversion rate at MXN1 = USD0.0597 for three months ended 31-Dec-2015
*Based on the average conversion rate at MXN1 = USD0.0632 for 12 months ended 31-Dec-2015

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