AviancaTaca reports 2012 profit increase

AviancaTaca has reported a 2012 net profit of COP$351. 6 billion ($198.6 million), up 160.7% year-over-year, in unaudited results.

Operating revenue for 2012 was up 13.7% to COP$7.6 trillion and operating profit was COP$506.8 billion.

Both, ASKs and RPKs increased 10.3%, as Avianca, Taca and their subsidiaries reached a system passenger load factor of 79.6%. The airline said the results were mainly due to fleet enhancement and route network and improvement in the Bogotá, Lima, San Salvador and San José (Costa Rica) hubs.

In 2012, the group incorporated into its fleet two Airbus A330s, four A319s, seven A320s and one A330F. In December 2012, AviancaTaca ordered 15 ATR 72-600s, plus 15 options.

Discuss this Article 1

superfly
on Mar 18, 2013

brilliant plane, the ATR 72-600

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