28-Oct-2010 12:02 PM
Korean Air revenue jumps 26%, profits surge in 3Q2010
Korean Air revenue jumps 26% - financial highlights for the three months ended 30-Sep-2010:
- Revenue*: USD2,765 million, +26.2% year-on-year;
- Domestic passenger: USD128.7 million, +15.8%;
- International passenger: USD1,489 million, +21.9%;
- Cargo: USD834.7 million, +42.2%;
- Operating costs: USD2,137 million, +18.3%;
- Fuel: USD803.4 million, +19.1%;
- Labour: USD297.2 million, +36.1%;
- Operating profit: USD316.8 million, +257.8%;
- Net profit: USD516.4 million, +121.1%;
- Passenger traffic (RPKs):
- Domestic: +7.3%;
- International: +6.3%;
- Load factor:
- Domestic: 67.0%, +7.3 ppts;
- International: 78.4%, +3.7 ppts;
- Passenger yield:
- Domestic: USD 17.56 cents, +8.1%;
- International: USD 9.46 cents, +24.0%;
- Cargo traffic (FTKs): +13.1%;
- Cargo yield: USD 31.85 cents, +28.0%;
- Total assets: USD15,734 million, +1.4% when compared with the period ended 30-Jun-2010;
- Total liabilities: USD12,591 million, -2.3% when compared with the period ended 30-Jun-2010;
- Cash and short-term financial instruments: USD835.4 million, +6.1% when compared with the period ended 30-Jun-2010. [more]
*Based on the conversion rate at USD1 = KRW1,130.52