Virgin America revenue up 8% in 3Q2016

Virgin America revenue up 8% - financial highlights for three months ended 30-Sep-2016:

• Total operating revenue: USD445.2 million, +8.3% year-on-year;
• Total operating costs: USD354.5 million, -5.2%;
• • Fuel: USD76.6 million, -11.5%;
  • Labour: USD82.8 million, +10.4%;
• Operating profit: USD90.7 million, +22.7%;
• Net profit: USD51.8 million, -27.9%;
• Passenger numbers: 2.2 million, +17.6%;
• Passenger load factor: 85.9%, -3.4 ppts;
• Average fare: USD181.98, -8.1%;
• Yield: USD 11.92 cents, -10.9%;
• Passenger revenue per ASM: USD 10.24 cents, -7.3%;
• Total revenue per ASM: USD 11.51 cents, -7.2%;
• Cost per ASM: USD 9.17 cents, -9.8%;
• Cost per ASM excl special items, fuel and profit sharing: USD 6.93 cents, -5.6%;
• Average stage length: 1472 miles, +5.4%;
• Total asset: USD1894 million;
• Cash and cash equivalents: USD614.3 million;
• Total liabilities: USD955.1 million. [more - original PR]