Monday, August 20, 2012

NEWS| AvianaTaca reports first semester 2012 net income of COP$71 billion


AvianaTaca reports first semester 2012 net income of COP$71 billion
Operating revenue increased 12.9% compared to the second quarter of 2011 to COP$ 1.8 trillion (USD1.0 billion), and passengers carried during the quarter reached 5.4 million

AviancaTaca Holding (PFAVTA CB) reported second quarter 2012 operating revenue of COP$ 1.8 trillion (USD1.0 billion), a 12.9% increase compared to the same period in 2011. This result is mainly due to a 12.9% increase in pax revenue fueled by an 11.6% increase in passenger traffic compared to the second quarter in 2011.
Capacity, measured in ASK (Available Seats per Kilometer), increased 9.6% in the second quarter of 2012 as a result of the ongoing growth and consolidation strategy of the 4 hubs (Bogota, Lima, San Salvador and San Jose, Costa Rica). During the second quarter the Company opened 5 new routes and added 19 flights to existing routes.
Load factor for the second quarter of 2012 remained unchanged at 77.7% compared to the same period last year.
Operating income in the second quarter of 2012 increased to COP$ 40,139 million (USD 22.5 million), boosting operating income for the semester 19.3% compared to the year-earlier period to COP$ 126,278 million (USD 70.7million).


SOURCEhttp://www.breakingtravelnews.com/news/article/avianataca-reports-first-semester-2012-net-income-of-cop71-billion/
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