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26-Jan-2011 12:19 PM

LAN Airlines reports revenue, operating profit and net profit growth in 2010

LAN Airlines announced (25-Jan-2011) the following financial highlights for 2010:

  • Revenue: USD4,523.3 million, +23.7%;
    • Passenger: USD3,109.8 million, +18.5%;
    • Cargo: USD1,280.7 million, +43.0%;
    • Other: USD132.8 million, -2.6%;
  • Expenses: USD3,900.4 million, +21.1%
    • Aircraft fuel: USD1,161,9 million, +21.1%;
    • Wages and benefits: USD794.1 million, +24.7%;
  • Operating profit: USD622.9 million, +43.0%;
  • Operating margin: 13.8%, +1.9 ppts;
  • Net profit:USD419.7 million, +81.6%;
  • Net profit margin: 9.3%, +3.0 ppts;
  • Total assets*: USD6,785.9 million, +17.6%;
  • Total liabilities*: USD5,485.8 million, +17.6%;
  • Total equity*: USD1,300.1 million, +17.6%;
  • Passenger numbers: 17.3 million, +12.3%;
  • Passenger load factor: 78.3%, +1.3 ppts;
  • Passenger yield per RPK: USD 9.4 cents, +6.7%;
  • Passenger RASK: USD 7.3 cents, +8.5%;
  • Freight: 780,000 tons, +20.1%;
  • Freight yield per ATK: USD 39.5 cents, +15.8%;
  • Freight RATK: USD 27.7 cents, +18.7%;
  • Overall (freight and pax) load factor: 69.4%, +1.4 ppts;
  • Breakeven load factor: 61.7%, -0.4 ppts;
  • Overall yield (per RTK): USD 70.6 cents, +6.4%;
  • Overall revenue (per ATK): USD 48.9 cents, +8.6%;
  • Overall cost (per ATK): USD 43.6 cents, +5.7%. [more]

* As at 31-Dec-2010 compared to 31-Dec-2009 levels.

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