Loading
23-Feb-2012 2:47 PM

Grupo Aeromexico reports USD267m operating profit in 2011, up 27%

Grupo Aeromexico revenue up 12%– financial highlights:

  • Three months ended 31-Dec-2011:
    • Total revenue: USD751.3 million, +12% year-on-year;
    • Total operating costs: USD607.5 million, +24%;
      • Fuel: USD247.5 million, +48%;
      • Labour: USD152.4 million, +12%;
    • Operating profit: USD63.1 million, -44%;
    • Net profit: USD11.1 million, -89%;
    • Passenger numbers: 3.8 million, +5%;
    • Load factor: 78.1%, -2.4 ppts;
    • Yield: USD 11.79 cents, -2.4%;
    • Revenue per ASK: USD 9.84 cents, -0.3%;
    • Total cost per ASK: USD 9.02 cents, +9.5%;
    • Cost per ASK excl fuel: USD 5.78 cents, stable;
  • 12 months ended 31-Dec-2011:
    • Total revenue: USD2788 million, +28%;
    • Total operating costs: USD2234 million, +31%;
      • Fuel: USD878.5 million, +54%;
      • Labour: USD569.9 million, +14%;
    • Operating profit: USD266.9 million, +27%;
    • Net profit: USD162.2 million, -13%;
    • Passenger numbers: 14.3 million, +20%;
    • Load factor: 78.4%, +0.5 ppt;
    • Yield: USD 11.55 cents, +3%;
    • Revenue per ASK: USD 9.61 cents, +5.8%;
    • Total cost per ASK: USD 8.70 cents, +6.0%;
    • Cost per ASK excl fuel: USD 5.67 cents, -2.9%;
    • Total assets: USD1691 million, +58%;
    • Cash and cash equivalents: USD319.2 million, +209%;
    • Total liabilities: USD1292 million, +18%. [more – original PR]

*Based on the conversion rate at USD1 = MXN12.8454

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More