Loading
24-Jan-2013 10:46 AM

US Airways reports highest annual profit in 2012

US Airways Group revenue up 4% - financial highlights:

  • Three months ended 31-Dec-2012:
    • Total operating revenue: USD3278 million, +3.9% year-on-year;
    • Total operating costs: USD3153 million, +3.5%;
      • Mainline fuel: USD830 million, +2.1%;
      • Labour: USD600 million, +9.9%;
    • Operating profit: USD125 million, +15.9%;
    • Net profit: USD37 million, +106%;
    • Passenger numbers: 20.5 million, +3.0%;
    • Passenger load factor: 83.9%, +2.0 ppts;
    • Yield: USD 16.45 cents, -0.1%;
    • Passenger revenue per ASM: USD 13.79 cents, +2.2%;
    • Total revenue per ASM: USD 15.58 cents, +2.55;
    • Operating cost per ASM: USD 14.99 cents, +2.1%;
    • Operating cost per ASM excl fuel and special items: USD 9.72 cents, +2.0%;
  • 12 months ended 31-Dec-2012:
    • Total operating revenue: USD13,831 million, +5.9%;
    • Total operating costs: USD12,975 million, +2.7%;
      • Mainline fuel: USD3489 million, +2.6%;
      • Labour: USD2488 million, +9.5%;
    • Operating profit: USD856 million, +101%;
    • Net profit: USD637 million, +797%;
    • Passenger numbers: 82.5 million, +2.5%;
    • Passenger load factor: 82.9%, +0.6 ppt;
    • Yield: USD 16.78 cents, +3.5%;
    • Passenger revenue per ASM: USD 13.92 cents, +4.3%;
    • Total revenue per ASM: USD 15.64 cents, +3.9%;
    • Operating cost per ASM: USD 14.67 cents, +0.7%;
    • Operating cost per ASM excl fuel and special items: USD 9.44 cents, +0.5%;
    • Total assets: USD9396 million, +12.7%;
    • Cash, cash equivalents and investments in marketable securities: USD2376 million, +22.0%;
    • Total liabilities: USD8606 million, +5.1%;
  • 1Q2013 forecast:
    • Mainline:
      • Capacity (ASMs): 17.8 billion;
      • Cost per ASM excl fuel, special items and profit sharing: +2% to +4% year-on-year;
      • Cargo revenue: USD40 million;
      • Fuel gallons consumed: 259 million;
    • Express:
      • Capacity: 3.4 billion;
      • Cost per ASM excl fuel and special items: -1% to +1%;
      • Fuel gallons consumed: 82 million;
  • FY2013 forecast:
    • Mainline:
      • Capacity (ASMs): 77.0 billion;
      • Cost per ASM excl fuel, special items and profit sharing: -2% to stable;
      • Cargo revenue: USD160 million;
      • Fuel gallons consumed: 1124 million;
    • Express:
      • Capacity: 14.0 billion;
      • Cost per ASM excl fuel and special items: +3% to +5%;
      • Fuel gallons consumed: 340 million. [more - original PR]

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