28-Oct-2011 1:33 PM
US Airways operating profit down 43% in 3Q2011, sees continued strong demand in 4Q
US Airways revenue up 8% - financial highlights for three months ended 30-Sep-2011:
- Total operating revenue: USD3436 million, +8.1% year-on-year;
- Total operating costs: USD3256 million, +13.7%;
- Mainline fuel: USD905 million, +44.9%;
- Mainline labour: USD577 million, -0.3%;
- Operating profit: USD180 million, -42.8%;
- Net profit: USD76 million, -68.3%;
- Passenger numbers: 20.7 million, -1.0%;
- Passenger load factor: 85.0%, +1.9 ppt;
- Yield: USD 15.94 cents, +7.8%;
- Passenger revenue per ASM: USD 13.56 cents, +10.2%;
- Total revenue per ASM: USD 15.21 cents, +9.4%;
- Operating costs per ASM: USD 14.41 cents, +15.1%;
- Costs per ASM excl fuel and special items: USD 9.14 cents, +2.5%;
- Total assets: USD8317 million, +6.4% when compared to period ended 31-Dec-2010;
- Cash and cash equivalents: USD2043 million, +9.9% when compared to period ended 31-Dec-2010;
- Total liabilities: USD8158 million, +5.5% when compared to period ended 31-Dec-2010. [more - original PR] [more - CAPA Analysis]
US Airways: "Looking forward, we see continued strong demand in the fourth quarter," Doug Parker, chairman and CEO. Source: US Airways, 27-Oct-2011.