Loading
1-May-2012 1:16 PM

Meridiana Fly operating loss more than doubles in 2011

Meridiana Fly revenue stable – financial highlights for 12 months ended 31-Mar-2012:

  • Total revenue: EUR646.8 million, +0.2% year-on-year;
  • Costs:
    • Fuel: EUR197.0 million, +24.5%;
    • Labour: EUR114.0 million, +24.1%;
  • EBITDAR (loss): (EUR27.7 million), compared to a profit of EUR31.8 million in p-c-p;
  • EBITDA (loss): (EUR84.9 million), compared to a loss of EUR21.6 million in p-c-p;
  • EBIT (loss): (EUR103.7 million), compared to a loss of EUR41.3 million in p-c-p;
  • Net profit (loss): (EUR110.7 million), compared to a loss of EUR46.4 million in p-c-p;
  • Passenger numbers: 4.4 million, -1.7%;
  • Fleet: 40 aircraft, +5 aircraft;
  • Total assets: EUR463.6 million, +58.0%;
  • Total liabilities: EUR401.7 million, +41.0%.

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