30-Apr-2010 12:10 PM

Pakistan International Airlines reports widening net loss in 1Q2010

Pakistan International Airlines reports the following financial highlights for the three months ended 31-Mar-2010 (Bloomberg, 29-Apr-2010):

  • Revenue: USD294.9 million, +7.9% year-on-year;
  • Operating costs:
    • Fuel: USD101.2 million, +46.2%;
  • Net profit (loss): (USD30.8 million), compared to a loss of USD24.5 million in the previous corresponding period.

*Based on the conversion rate at USD1 = PKR83.76

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