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%.