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31-Oct-2016 2:14 PM

IAG net profit up 10% in 3Q2016

International Consolidated Airlines Group (IAG) revenue down 4% - financial highlights* for three months ended 30-Sep-2016:

  • Total revenue: EUR6486 million, -4.0% year-on-year;
    • Passenger: EUR5806 million, -5.4%;
    • Cargo: EUR240 million, -7.0%;
  • Total operating costs: EUR5281 million, -4.1%;
    • Fuel: EUR1317 million, -18.7%;
    • Labour: EUR1189 million, -6.5%;
  • Operating profit: EUR1205 million, -3.6%;
  • Net profit: EUR970 million, +9.9%;
  • Passenger numbers: 30.8 million, +11.9%;
  • Passenger load factor: 85.6%, -0.1 ppt;
  • Cargo volume: 168,000 tonnes, -18.8%;
  • Passenger yield: EUR 8.13 cents, -13.5%;
  • Passenger revenue per ASK: EUR 6.96 cents, -13.7%;
  • Cargo yield: EUR 18.02 cents, -11.7%;
  • Total cost per ASK: EUR 6.33 cents, -12.5%;
  • Cost per ASK excl fuel: EUR 4.75 cents, -6.9%. [more - original PR]

*Before exceptional items

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