27-Jul-2012 12:06 PM
United Continental Holdings reports sharp profit declines in 2Q2012
United Continental Holdings revenue up 1% - financial highlights:
- Three months ended 30-Jun-2012:
- Operating revenue: USD9939 million, +1.3% year-on-year;
- Operating costs: USD9364 million, +4.0%;
- Fuel: USD3408 million, +5.6%;
- Labour: USD2024 million, +5.6%;
- Operating profit: USD575 million, -28.8%;
- Net profit: USD339 million, -37.0%;
- Passenger numbers: 37.1 million, +0.2%;
- Passenger load factor: 84.3%, +0.9 ppt;
- Passenger revenue per ASM: USD 13.57 cents, +3.0%;
- Total revenue per ASM: USD 15.38 cents, +1.9%;
- Average yield: USD 16.09 cents, +1.8%;
- Cost per ASM: USD 14.49 cents, +4.6%;
- Cost per ASM excl special charges, third party business expenses and fuel: USD 8.81 cents, +2.8%;
- Six months ended 30-Jun-2012:
- Operating revenue: USD18,541 million, +2.9%;
- Operating costs: USD18,237 million, +6.2%;
- Fuel: USD637 million, +12.5%;
- Labour: USD3921 million, +5.3%;
- Operating profit: USD304 million, -63.9%;
- Net profit (loss): (USD109 million), compared to a profit of USD325 million in p-c-p;
- Passenger numbers: 69.6 million, stable;
- Passenger load factor: 81.3%, +0.4 ppt;
- Passenger revenue per ASM: USD 13.02 cents, +3.9%;
- Total revenue per ASM: USD 14.84 cents, +3.1%;
- Average yield: USD 16.02 cents, +3.4%;
- Cost per ASM: USD 14.59 cents, +6.3%;
- Cost per ASM excl special charges, third party business expenses and fuel: USD 8.89 cents, +1.8%;
- Total assets: USD22,563 million, +23.7% when compared to period ended 31-Dec-2011;
- Cash and cash equivalents: USD4076 million, +17.9% when compared to period ended 31-Dec-2011;
- Total liabilities: USD19,448 million, +36.2% when compared to period ended 31-Dec-2011;
- Capacity (ASMs): -0.7% to -1.7%;
- Mainline: -0.8% to -1.8%;
- Domestic: -1.3% to -2.3%;
- Trans-Atlantic: -2.7% to -3.7%;
- Asia Pacific: +0.9% to +1.9%;
- Latin America: +0.5% to +1.5%;
- Regional: -0.7% to +0.3%;
- Mainline: -0.8% to -1.8%;
- Operating cost per ASM excl profit sharing and third party business expense: USD 13.59 cents to USD 13.67 cents, +1.7% to +2.3%;
- Mainline: USD 12.75 cents to USD 12.83 cents, +2.1% to +2.8%;
- Regional: USD 19.13 cents to USD 19.25 cents, -0.7% to stable;
- Capacity (ASMs): -0.5% to -1.5%;
- Mainline: -0.6% to -1.6%;
- Domestic: -1.7% to -2.7%;
- Trans-Atlantic: -2.1% to -3.1%;
- Asia Pacific: +2.6% to +3.6%;
- Latin America: +0.6% to +1.6%;
- Operating cost per ASM excl profit sharing and third party business expense: USD 14.02 cents to USD 14.11 cents, +3.5% to +4.2%;
- Mainline: USD 13.14 cents to 13.22 cents, +3.9% to +4.5%;
- Regional: USD 19.87 cents to USD 19.99 cents, +2.2% to +2.8%. [more - original PR]