13-Nov-2013 2:21 PM
LATAM Airlines Group reports profit growth in 3Q2013
LATAM Airlines Group revenue up 1% - financial highlights for three months ended 30-Sep-2013:
- Total operating revenue: USD3361 million, +0.6% year-on-year;
-
- Passenger: USD2834 million, +0.8%;
- Cargo: USD436.4 million, -2.6%;
- Total operating costs: USD3105 million, -4.0%;
-
- Fuel: USD1056 million, -9.1%;
- Labour: USD625.0 million, -3.6%;
- Operating profit: USD255.5 million, +142%;
- Net profit: USD52.1 million, compared to a loss of USD49.2 million in p-c-p;
- Passenger numbers: 17.3 million, +2.5%;
- Passenger load factor: 82.4%, +1.2 ppt;
- Passenger yield: USD 10.4 cents, -1.1%;
- Cargo volume: 276,000 tons, -2.8%;
- Cargo load factor: 56.8%, -0.5 ppt;
- Cargo yield: USD 41.2 cents, -1.9%;
- Total assets: USD22,220 million;
- Cash and cash equivalents: USD1024 million;
- Total liabilities: USD17,454 million;
- 2013 forecast:
-
- Pro forma capacity (ASK): 0% to +2%;
- Cargo capacity (ATKs): 0% to +2%;
- Operating margin: 5%. [more - original PR]