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SkyEurope’s load factor improved during the second month of Reorganization

05-Aug-2009
SkyEurope’s load factor improved during the second month of Reorganization
SkyEurope transported a total of 243,376 passengers in July 2009 with a load factor of 81.1%. In the 12 months ended July 2009, the Company carried 2,887,246 passengers with a load factor of 74.7%. Lower passenger numbers compared to previous year are a result of SkyEurope’s strategic reduction in capacity during the economic downturn.

Monthly             July 2008    July 2009   Change

Load factor        ( 1) 80.1%       81.1%          +1.1 pp

Passengers        (2) 387,122     243,376        -37.1%

Capacity             (3) 483,489     300,001        -38.0%

Rolling 12

months ending   July 2008    July 2009   Change

Load factor        (1) 74.4 %         74.7 %          +0.3 pp

Passengers        (2) 3,742,631       2,887,246       -22.9%

Capacity             (3) 5,032,190     3,864,597       -23.2%

 

Represents the number of earned seats flown. Earned seats also include no-shows, tour sales and

seats provided for promotional purposes and to staff for business travel. SkyEurope is a no-refund airline,

and once a flight has departed a no-show customer is generally not entitled to change flights or seek a

refund.

(2) Represents the number of passengers as a proportion of the number of seats available for passengers.

No weighting of the load factor is carried out to recognize the effect of varying flight (or "stage") lengths.

(3) Represents available seats carried during the period.

 

(c) Centre for Asia Pacific Aviation. Date posted: 5-Aug-09

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