23-Feb-2016 10:36 AM
Volaris reports strong operating profit growth in 4Q and FY2015
Volaris revenue up 29% - financial highlights:
- Three months ended 31-Dec-2015:
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- Operating revenue: MXN5092 million (USD304.0 million), +28.7% year-on-year;
- Operating costs: MXN4357 million (USD260.1 million), +23.4%;
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- Fuel: MXN1158 million (USD69.1 million), -9.2%;
- Aircraft and engine rent: MXN1043 million (USD62.3 million), +54.5%;
- Operating profit: MXN736 million (USD43.9 million), +72.5%;
- Net profit: MXN654 million (USD39.0 million), -7.0%;
- Passenger numbers: 3.3 million, +24.3%;
- Passenger load factor: 82.7%, -0.1 ppt;
- Total operating revenue per ASM: MXN 134.2 cents (USD 8.0 cents), +2.8%;
- Passenger revenue per ASM: MXN 103.6 cents (USD 6.2 cents), stable;
- Passenger yield: MXN 125.3 cents (USD 7.5 cents), +0.2%;
- Operating cost per ASM MXN 114.8 cents (USD 6.9 cents), -1.4%;
- Cost per ASM excl fuel: MXN 84.3 cents (USD 5.0 cents), +13.3%;
- 12 months ended 31-Dec-2015:
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- Operating revenue: MXN18,180 million (USD1149 million), +29.5%;
- Operating costs: MXN15,669 million (USD990.3 million), +13.3%;
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- Fuel: MXN4721 million (USD298.4 million), -12.0%;
- Aircraft and engine rent: MXN3525 million (USD222.8 million), +39.1%;
- Operating profit: MXN2510 million (USD158.6 million), +1130%;
- Net profit: MXN2464 million (USD155.7 million), +307%;
- Passenger numbers: 12.0 million, +22.2%;
- Passenger load factor: 82.3%, +0.1 ppt;
- Total operating revenue per ASM: MXN 129.4 cents (USD 8.2 cents), +9.0%;
- Passenger revenue per ASM: MXN 100.6 cents (USD 6.4 cents), +5.2%;
- Passenger yield: MXN122.2 cents (USD 7.7 cents), +5.1%;
- Operating cost per ASM: MXN 111.5 cents (USD 7.1 cents), -4.6%;
- Cost per ASM excl fuel: MXN 77.9 cents (USD 4.9 cents), +8.8%;
- Total assets: MXN15,261 million (USD964.5 million);
- Cash and cash equivalents: MXN5157 million (USD325.9 million);
- Total liabilities: MXN8436 million (USD533.2 million). [more - original PR]
*Based on the average conversion rate at MXN1 = USD0.0597 for three months ended 31-Dec-2015
*Based on the average conversion rate at MXN1 = USD0.0632 for 12 months ended 31-Dec-2015