Kingfisher Airlines’ total revenue for Q1 FY12 was Rs. 19.11bn which is a 15% improvement over the same quarter last year. Increase in capacity, higher load factors, and improvement in yield contributed to the revenue growth.
The momentum in Indian aviation industry has continued with a strong demand growth of 15% in Q1 FY12. Even though the capacity growth at 19% slightly outpaced the demand growth, Kingfisher Airlines effectively capitalized on its strengths to achieve a 4 percentage point increase in domestic load factor. In the same period, industry load factors experienced a decline of 2 percentage points.
For the quarter ended Q1 FY12, EBITDAR was Rs. 2.52bn vs. Rs. 3.4bn in FY10. EBITDAR margin for the year was at 13% vs. last year at 20%. This profitability was achieved despite additional fuel cost burden of Rs. 260 crore.
10/08/11 India Infoline.com
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