Aeromexico Q1 revenues up

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By TESTCustomwebLP TESTCustomwebLP April 30, 2014 13:53

Aeromexico Q1 revenues up

Grupo Aeromexico has reported a first quarter 2014 total revenue of $9.777 billion pesos, which is a 6.6% increase over the year-ago period.

The cost of available seat kilometers (CASK) excluding fuel decreased 3.6% year-on-year in the first quarter 2014, representing the fifth consecutive quarter with a year-on-year decrease in this indicator.

First quarter 2014 EBITDAR reached $1.393 billion pesos, with a 14.2% margin. Operating income was $31 million pesos.

Grupo Aeromexico reported a net loss of $90 million pesos in the first quarter 2014, which compares favorably to the net loss of $122 million reported in the first quarter of 2013.

Grupo Aeromexico retired two Boeing 737-700 from its fleet, both under a pure lease agreement. Grupo Aeromexico’s operating fleet therefore consisted of 115 aircraft as of March 31, 2014.

First quarter load factor reached 79.3%; a 5.8 percentage point increase compared to the first quarter of 2013.

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By TESTCustomwebLP TESTCustomwebLP April 30, 2014 13:53
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