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.

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