Kingfisher reports net loss in 1QFY2012

Kingfisher Airlines financial/traffic highlights for the three months ended Jun-2011:

• Income from operations: USD416.6 million, +14.7% year-on-year;
  • Passenger revenue: +16%;
  • Ancillary revenue: +7%;
• Operating costs:
  • Fuel: +44.3%;
• Profit/loss before tax: (USD86.4 million), compared to a loss of USD58.4 million in p-c-p;
• Net profit/loss: (USD58.3 million), compared to a loss of USD41.5 million in p-c-p;
• Passenger numbers: 3.4 million, +9%;
• Load factor: 83%, +3.0 ppts;
• Total revenue per ASK: USD9.59 cents, +9%;
• Costs per ASK: USD9.56 cents, +16%. [more]

*Based on the conversion rate at USD1 = INR45.1720