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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.

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