15-May-2013 3:08 PM

Large US airlines report USD144m net loss in 4Q2012

US Bureau of Transportation Statistics reported (14-May-2013) the largest scheduled passenger airlines recorded a net loss of USD145 million in the four months ended 31-Dec-2012, compared to a loss of USD602 million in p-c-p. For the full year 2012, the 10 largest airlines reported a net profit of USD201 million, up from a net loss of USD0.5 million in 2011. Details include:

  • 4Q2012:
    • Operating revenue: USD33,932 million;
      • Passenger: USD24,761 million;
      • Baggage fees: USD841 million;
      • Reservation change fees: USD610 million;
    • Operating costs: USD33,535 million;
    • Operating profit: USD397 million;
    • Net profit (loss): (USD144.5 million), compared to a loss of USD602.3 million in p-c-p;
    • Passenger yield: USD 14.3 cents, stable;
    • Unit revenue: USD 16.1 cents, +0.6%;
    • Unit costs: USD 16.0 cents, +1.3%;
  • 2012:
    • Operating profit: USD5311 million;
    • Net profit: USD201.2million, compared to a loss of USD0.5 million in p-c-p. [more - original PR]

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More