4-May-2011 12:03 PM
Korean Air revenue up 7%, operating profit up 41% in 1Q2011
Korean Air revenue up 7% - financial highlights for the three months ended 31-Mar-2011:
- Operating revenue: USD2634 million, +7.2% year-on-year;
- Operating costs: USD2483 million, +12.9%;
- Fuel: USD929.1 million, +29.9%;
- Labour: USD355.2 million, +4.2%;
- Operating profit: USD152.2 million, +41.2%;
- Net profit: USD263.3 million, +49.5%;
- Total assets: USD18,709 million, +0.1%;
- Cash and cash equivalents: USD548.1 million, +31.1%;
- Total liabilities: USD15,400 million, +1.4%;
- Passenger traffic (RPKs):
- Domestic: -4.3%;
- International: +3.0%;
- Load factor:
- Domestic: 58.8%, +1.3 ppt;
- International: 77.7%, +0.7 ppt;
- Passenger yield**:
- Domestic: USD 16.7 cents, +3.7%;
- International: USD 8.8 cents, +11.4%;
- Cargo traffic (FTKs): -1.6%;
- Cargo load factor: 75.5%, -1.6 ppt;
- Cargo yield**: USD 30.59 cents, +2.7%. [more]
* Based on the conversion rate USD1 = KRW1070.96
** Reported in USD