Lufthansa reveals latest performance figures
Contributors are not employed, compensated or governed by TD, opinions and statements are from the contributor directly
Lufthansa has released details of its latest investor information to market.The airline’s statement is as follows:The consolidation of the traffic data for bmi and Austrian Airlines continues to have a strong effect on the performance figures for the Lufthansa Group.On a like-for-like basis Lufthansa and SWISS carried 4.8 million passengers in January, 0.6 per cent more than in the same month last year. The increase in capacity (+3.3%) was almost fully sold (+3.0%), so that the passenger load factor remained more or less the same at 74.0 per cent (-0.3 pp). Higher sales, sometimes substantially so, were reported for all traffic regions with the exception of Europe. In Europe the passenger load factor came to 60.8 per cent (-1.7 pp), with almost stable sales (+0.4%) and capacity increasing by 3.2 per cent. Capacity was also extended in the Americas traffic region (+3.6%) and the passenger load factor (80.1%) fell slightly (-0.6 pp) for a similar rise in sales (+2.9%). In Asia by contrast, the load factor went up to 82.2 per cent (+2.6 pp), as the increase in sales of 2.7 per cent was only accompanied by a moderate reduction of capacity (-0.5%). The capacity increase in Middle East/Africa (+9.6%) was well received (+7.5%), the passenger load factor coming to 70.4 per cent (-1.4 pp). Lufthansa Passenger Airlines were able to increase sales by 3.1 per cent. With a lower number of flights, capacity rose by 4.7 per cent due to structural effects such as the replacement of smaller aircraft with larger planes in European traffic. The load factor reached 73.5 per cent (-1.1 pp). In European traffic sales fell by 2.4 per cent, capacity rose by 2.1 per cent taking the passenger load factor to 59.5 per cent (-2.8 pp). By contrast, all long-haul regions saw sales improve on the previous year. In Asia/Pacific (+2.8%) the rise exceeded the moderate growth in capacity (+0.5%). Long-haul capacity at SWISS was scaled back by 6.8 per cent and the load factor climbed to 82.5 per cent (+5.2 pp). In short-haul traffic higher sales exceeded the increase in capacity, taking the passenger load factor up by 1.8 percentage points to 65.1 per cent. The overall passenger load factor was 76.5 per cent (+3.6 pp).Austrian Airlines slashed its total capacity by 7.1 per cent and its long-haul capacity by as much as 14.6 per cent compared with the previous year. As the fall in sales was only slight (-1.8 per cent), the load factor picked up sharply by 3.8 percentage points to 68.7 per cent. bmi carried some 425,000 passengers in January and achieved a passenger load factor of 61.1 per cent.
Comments are closed.