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9-Jul-2012 3:24 PM

Large US airlines report USD228m operating profit in 1Q2012

US Bureau of Transportation Statistics (BTS) reported (06-Jul-2012) US’ 10 largest scheduled passenger airlines reported a 0.7% profit margin in the three months ended 31-Mar-2012. As a group, the airlines reported a profit of USD228 million with losses reported by American Airlines, United Airlines and AirTran. The 10 airlines transported 79.8% of US airlines’ scheduled passenger numbers in 1Q2012. Financial highlights for the US’ 10 largest scheduled passenger airlines are as follows:

  • Operating revenue: USD33,127 million;
    • Passenger revenue: USD24,088 million;
  • Operating costs: USD32,899 million;
  • Operating profit: (loss): USD228 million;
  • Passenger yield per RPM: USD 14.7 cents, +5.8% year-on-year;
    • Delta: USD 14.7 cents, +6.5%;
    • Southwest: USD 15.5 cents, +4.0%;
    • United Airlines*: USD 14.5 cents, +5.1%;
    • American Airlines: USD 15.2 cents, +8.6%;
    • US Airways: USD 14.6 cents, +5.8%;
    • JetBlue: USD 13.9 cents, +6.1%;
    • SkyWest: USD 14.9 cents, -2.0%;
    • AirTran: USD 14.3 cents, +7.5%;
    • Alaska: USD 12.9 cents, +2.4%;
  • Revenue per ASM: USD 16.1 cents, +8.1%;
    • Delta: USD 18.0 cents, +11.1%;
    • Southwest: USD 13.3 cents, +4.7%;
    • United Airlines*: USD 16.4 cents, -0.6%;
    • American Airlines: USD 15.9 cents, +8.9%;
    • US Airways: USD 18.8 cents, +5.6%;
    • JetBlue: USD 12.6 cents, +5.9%;
    • SkyWest: USD 11.9 cents, +0.8%;
    • AirTran: USD 12.0 cents, +3.4%;
    • Alaska: USD 15.8 cents, +3.9%;
  • Cost per ASM: USD 16.0 cents, +6.7%;
    • Delta: USD 17.1 cents, +5.6%;
    • Southwest: USD 13.1 cents, +74%;
    • United Airlines*: USD 16.9 cents, +2.4%;
    • American Airlines: USD 16.2 cents, +5.9%;
    • US Airways: USD 18.5 cents, +3.4%;
    • JetBlue: USD 11.8 cents, +3.5%;
    • SkyWest: USD 11.4 cents, +0.9%;
    • AirTran: USD 12.1 cents, -0.8%;
    • Alaska: USD 15.1 cents, +4.9%. [more – Original PR]

*United Airlines and Continental Airlines began reporting jointly in 1Q2012

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