29-Jun-2010 12:44 PM
US LCCs report operating profit in 1Q2010, network airlines continue to report losses
US Bureau of Transportation Statistics (BTS) released its Airline Financial Data for the three months ended 31-Mar-2010, which showed LCC and regional airline groups reporting operating profits during the period while the network airlines group reported its second consecutive quarterly loss. Details are as follows:
- Operating revenue: USD29,167 million, n/a year-on-year;
- Network: USD22,752 million;
- Regional: USD1,546 million;
- LCC: USD4,869 million;
- Ancillary*: USD1,857 million, -1.0%;
- Delta**: USD592.1 million, +61.2%;
- American Airlines: USD261.1 million, +8.2%;
- US Airways: 238.1 million, +7.6%;
- Southwest Airlines: 167.5 million, +17.1%;
- United Airlines: USD155.5 million, +6.3%;
- Continental Airlines: USD142.8 million, -0.8%;
- AirTran: USD62.5 million, +11.8%;
- JetBlue: USD42.5 million, -13.1%;
- Alaska Airlines: USD41.6 million, +44.4%;
- Spirit Airlines: USD40.0 million, +9.1%;
- Operating costs: USD29,155 million, n/a;
- Network: USD22,915 million;
- Regional: USD1,486 million;
- LCC: USD4,754 million;
- Operating profit (loss): USD12.0 million;
- Regional: USD60 million;
- LCC: USD115 million;
- Network: (USD163 million);
- Revenue per ASM: USD 13.7 cents, +7.9%;
- Network: USD 14.6 cents, +9.0%;
- Regional: USD 12.3 cents, -11.5%;
- LCC: USD 10.8 cents, +10.2%;
- Costs per ASM: USD 13.7 cents, +5.4%;
- Network: USD 14.7 cents, +5.8%;
- Regional: USD 11.8 cents, -11.3%;
- LCC: USD 10.6 cents, +11.6%. [more]
*Includes baggage fees, reservation change fees and miscellaneous operating revenues including sales of frequent flyer award miles to airline business partners
**Delta commenced reporting combined figures with Northwest Airlines from 1Q2010-06-29