Vueling revenue up 90%, operating loss widens in 1Q2010

Vueling revenue up 90% - consolidated financial/traffic highlights for the three months ended 31-Mar-2010:

• Revenue: EUR141.8 million, +90%;
  • Ticket: EUR103.5 million, +107%;
  • Fees and charges: EUR21.0 million, +64%;
  • Ancillary: EUR17.3 million, +48%;
• Total costs: EUR154.8 million, +84%;
  • Fuel: EUR34.4 million, +17%;
• EBITDAR: EUR11.0 million, +263%;
• EBIT (loss): (EUR13.0 million), compared with a loss of EUR9.6 million in the previous corresponding period;
• Net profit (loss): (EUR6.3 million), compared with a loss of EUR6.3 million in the previous corresponding period;
• Passenger numbers: 2.2 million, +106%;
• Load factor: 70%, +3 ppts;
• Revenue per passenger: EUR63.77, -8%;
• Average pure fare per passenger: EUR55.99, -4%;
• Total revenue per ASK: EUR 5.02 cents, +1%;
• Ticket revenue per ASK: EUR 4.41 cents, +1%;
• Cost per ASK: EUR 5.48 cents, -2%;
• Cost per ASK excl fuel: EUR 4.27 cents, -7%;
• FY2010 Target:
  • Cost per ASK excl fuel: -5%. [more]