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14-May-2012 2:43 PM

LAN Airlines reports double-digit profit declines in 1Q2012

LAN Airlines revenue up 13% - financial highlights for three months ended 31-Mar-2012:

  • Total operating revenue: USD1537 million, +12.6% year-on-year;
    • Passenger: USD1138 million, +16.4%;
    • Cargo: USD367.9 million, +6.2%;
  • Total operating costs: USD1425 million, +17.7%;
    • Fuel: USD493.8 million, +26.6%;
    • Labour: USD298.6 million, +25.3%;
  • Operating profit: USD111.2 million, -27.4%;
  • Net profit: USD76.1 million, -21.8%;
  • Passenger numbers: 6.4 million, +16.4%;
  • Load factor: 82.9%, +1.9 ppts;
  • Passenger yield: USD 10.2 cents, +2.2%;
  • Passenger revenue per ASK: USD 8.5 cents, +4.6%;
  • Cargo volume: 209,000 tons, +2.0%;
  • Cargo load factor: 67.4%, -0.5 ppt;
  • Cargo yield: USD 42.6 cents, +4.7%;
  • Cargo revenue per ATK: USD 28.7 cents, +3.8%;
  • Total assets: USD7688 million, +0.5% when compared to period ended 31-Dec-2011;
  • Total liabilities: USD6160 million, -0.5% when compared to period ended 31-Dec-2011. [more - original PR]

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