Loading
4-May-2010 11:13 AM

Pakistan International Airlines revenue up 6.7%, falls into the red in 1Q2010

Pakistan International Airlines revenue up 6.7% – unconsolidated financial highlights for the three months ended 31-Mar-2010:

  • Operating revenue: USD272.1 million, +6.7% year-on-year;
    • Excess baggage: USD3.2 million, +15.8%;
  • Operating costs: USD277.7 million, +21.0%;
    • Fuel: USD101.0 million, +44.8%;
    • Labour: USD28.8 million, +17.3%;
  • Operating profit (loss): (USD5.6 million), compared to a profit of USD23.5 million in the previous corresponding period;
  • Profit (loss) before tax: (USD28.8 million), compared to a loss of USD24.4 million in the previous corresponding period;
  • Net profit (loss): (USD30.1 million), compared to a loss of USD24.4 million in the previous corresponding period;
  • Passenger traffic (RPKs): +8.6%;
  • Seat factor: 58.6%, +18.9 ppts. [more]

*Based on the conversion rate at USD1 = PKR83.96

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