Viva Aerobus reports USD4.7m operating loss in 1Q2020

Viva Aerobus reported (15-Jun-2020) the following financial highlights for the three months ended 31-Mar-2020:

• Operating revenue: MXN2676 million (USD133.7 million), +21% year-on-year;
  • Ancillary: MXN1324 million (USD66.2 million), +22.8%;
• Operating costs: MXN2770 million (USD138.4 million), +8.8%;
  • Fuel: MXN874 million (USD43.7 million), -8.2%;
  • Depreciation and amortisation: MXN645 million (USD32.2 million), +34%;
• Operating profit (loss): (MXN94 million) (USD4.7 million), compared to a loss of MXN335 million in p-c-p;
• Net profit (loss): (MXN339 million) (USD16.9 million), compared to a loss of MXN240 million in p-c-p;
• Revenue per ASK: MXN0.71 (USD0.04), -4.8%;
• Cost per ASK: MXN0.74 (USD0.04), -14%;
• Cost per ASK excl fuel: MXN0.5 (USD0.02), -7.4%;
• Stage length: 1109 km, +1.5%;
• Total assets: MXN30,814 million (USD1.5 billion);
• Cash and cash equivalents: MXN3199 million (USD159.9 million);
• Total liabilities: MXN28,422 million (USD1.4 billion). [more - original PR]