Ghana International Airlines to Continue Operations Oct 27, 2009
Our other performance indicators such as load factor and baggage delivery have improved and are comparable to any major airline. We wish to assure our valued patrons and the general public that the airline shall continue to guarantee provision of the services we promise to deliver. (Ghana Web, Ghana)
Throttle up in Denver Oct 23, 2009
The system-wide load factor last month was in the 74 percent range, and Denver consistently tracks at the system-wide average. There are many flights that are very full in and out of Denver. (Denver Business Journal, CO)
AirTran, Continental, American airlines report uptick in quarter Oct 22, 2009
8% load factor in the third quarter, and American having a record high of 83. 9. (USA Today -- Money)
Analyst: Cheaper fares not good for AMR Oct 22, 2009
Helane Becker, a senior research analyst with Jesup & Lamont Securities Corp., told the Dallas Business Journal that American's third-quarter loss was consistent with expectations, adding "until we get sustainable fare increases, I don't think any of the airlines will return to sustainable profitability." Becker said load factors are up, but only because American passed jet fuel savings on to passengers in the form of cheaper fares ... With fewer seats offered, American s mainline load factor or... (Dallas Business Journal, TX)
RDU posts first traffic gain in 18 months Oct 16, 2009
But airlines are reporting that an average of 75 percent of their seats are full, compared to a load factor of 70 percent in the same month a year ago. Southwest Airlines (NYSE: LUV) was the top major carrier for the month, with 77,036 enplaned passengers. (Triangle Business Journal)
Southwest reports $16M loss Oct 16, 2009
for free extra services. Subscribe to Dallas Business Journal. (Dallas Business Journal, TX)
Southwest Airlines narrows 3Q loss to $16M Oct 16, 2009
Southwest Airlines reports $16M loss in Q3 - Baltimore Business Journal. for free extra services. (Baltimore Business Journal, MD)
Southwest Says Passengers Flee Bag Fees Oct 15, 2009
Southwest's load factor, the percentage of seats that were filled, surged more than 11 percentage points from a year ago, to 74 ... "That was an incredible load factor," says analyst Hunter Keay, considering that Southwest for years had September loads of 60% to 67 ... JetBlue's load factor rose about one percentage point from the prior year, to 77. (BusinessWeek)
Aviation stocks: Time for a safe exit from current levels Oct 12, 2009
The disruption in operations of two airlines, Jet and Air India apart, the industry is facing a double whammy sliding load factor and high ATF prices ... This forced airlines to offer discount fares in a desperate attempt to boost their load factor ... The disruption in operations of two airlines, Jet and Air India apart, the industry is facing a double whammy - sliding load factor and high ATF prices. (India Times)
Frontier narrows passenger decline Oct 9, 2009
2 percent in September from a year earlier, and its load factor the percentage of its carrying capacity used by passengers was virtually unchanged, at 82 ... Frontier s load factor reached as high as 92 percent in July. (Denver Business Journal, CO)
Southwest September traffic soars 9% Oct 8, 2009
8 billion available seat miles, helping Southwest s load factor, or percentage of seats filled, jump 8 percentage points during the quarter to 79. 6 percent. (Columbus Business First, OH)
Southwest's traffic jumps 8.8% Oct 8, 2009
Meanwhile, the airline s load factor -- or percentage of seats filled -- increased 11. 3 percentage points to 74. (Dallas Business Journal, TX)
Airline analyst saw positive Sept. trends Oct 8, 2009
Airline analyst: Load factors look promising - Dallas Business Journal ... Airline analyst: Load factors look promising ... Derchin points out in his latest report that September is usually a month when demand is weak, but he is optimistic about load factors holding up at certain U.S.-based airlines. (Dallas Business Journal, TX)
* Business Briefs Oct 7, 2009
Passengers totaled more than 430,000 during the four days with 539 trains in service, the statement said, putting the load factor at 53. 05 percent, up 5. (Taipei Times, Taiwan -- World)
US Airways' passenger traffic down Oct 7, 2009
US Airways ' passenger traffic fell more than seat capacity in September, pushing its load factor down slightly. The Tempe-based airline said its load factor, or percentage of seats filled with paying passengers, was 79. (AZCentral -- Business)
American's traffic drops 3.5% Oct 6, 2009
American s load factor a measure of capacity grew 2. 9 percentage points during the period with American recording a load factor of 79 ... On the other hand, American s regional affiliate, , experienced an increase in both its load factor and traffic during the month of September. (Dallas Business Journal, TX)
AirTrans September traffic up 11% Oct 3, 2009
Load factor increased 2. 6 points to 77 percent. (Milwaukee Business Journal, WI)
MAS aims to post operating profit next year Oct 3, 2009
He told a media briefing that the strategy has a two-pronged approach, addressing current operational losses and positioning the airline for growth and that we expect better yields and load factor, and we are targeting an operational profit in 2010 even though the first quarter of next year will be tough. . (The Star Online, Malaysia -- Business)
Aer Lingus, CSA Fight for Cash, Investors as European Airline Chill Looms Oct 2, 2009
Load factor, a measure of average seat occupancy, may drop to as little as 65 percent this winter at the regions top-tier airlines, from about 85 percent, said , a senior credit analyst at Calyon in London. The European average load factor for the first quarter of 2009 was 71 percent, according to IATA data. (Bloomberg -- UK)
Air India slashes fares by up to 8% Oct 2, 2009
The measures, however, are not likely to benefit the carrier in the long run, while they may increase load factor immediately, say analysts. The company posted losses of Rs 7,200 crore in the previous fiscal year. (India Times)
Frontier flies to the future Oct 1, 2009
Since then, Frontier has worked furiously to trim costs, shedding jets and greatly improving its load factor, the percentage of available seats carrying passengers. Frontier has now reported 10 straight months of operating profit and its executives speak confidently of a bright future. (Denver Business Journal, CO)
With AI grounded, fares may soar 200% Sep 30, 2009
Most airlines, including Air India, have been flying with a good load factor, a situation that is not likely to change till Diwali ... This season, AI's load had gone up to about 88%, with all other airlines also registering a load factor of over 80 ... "Since last year, loads in the corresponding period have gone up already by 11%-12%. Thanks to the strike, the load factor for private airlines will easily go up to over 90% and low-cost carriers may benefit more, specially if fares go up. A lot... (India Times, India)
Continental Says Consolidated Revenue Fell in July Sep 18, 2009
Average occupancy, or its load factor, was 84 percent to 85 percent in the third quarter. For the full year, the load factor is 80 percent to 81 percent. (ABC News -- Wire)
Air traffic leaps 26% in August Sep 15, 2009
All domestic airlines reported load factors of over 68 ... Only Air India (domestic) had load factor of below 60% (59. (India Times, India -- Intl Business)
E.ON Delays Building Coal-Fired Electricity Unit in Russia on Weak Demand Sep 14, 2009
Weaker Russian power demand may lower the load factor of E.ONs plants in the country to about 70 percent from 75 percent last year, , E.ON Russias chief, told reporters on Sept. 12 in Surgut, where the utility runs its biggest Russian plant. E.ON controls the Moscow-based generator. (Bloomberg -- Germany)
Steep fuel cost, admin expenses add to aviation industry's woes Sep 14, 2009
Declining yield, passenger load factor, and sales have ceased to be news focost or r the industry. In such situation it remains to be seen, how are the players coping with these problems and staying afloat. (India Times)
Big dent in Jet's revenues; loss of Rs 100 cr since stir Sep 12, 2009
The passenger load factor has dropped to below 50% in the said period with other airlines gaining in the process ... Meanwhile, the passenger load factor of both full service carriers (FSCs) like Kingfisher Airlines , Air India, Paramount and low cost carriers (LCCs) like IndiGo, Spice-Jet , GoAir were up with some of them registering levels in excess in 95% on some peak hour flights. (India Times)
Fuelled for growth Sep 12, 2009
When the load factor is up, there is less reason to drop fares ... How is the load factor over the last eight months ... July and August load factor was better than last year. (The Star Online, Malaysia -- Business)
Changing the guard Sep 12, 2009
Passenger load factor for August has somewhat improved to 80% for MAS. As Cathays Tyler puts it: We keep waiting for signs of the green shoots of recovery ... Although load factors have improved, it is insufficient to return MAS to profitability ... Every 1% reduction in yield leads to an 8% decline in bottomline vs a 5% improvement for every 1% increase in load factor. (The Star Online, Malaysia)
Great Lakes Aviation, Ltd. Reports August 2009 Traffic Sep 10, 2009
Text hiding to spacing. Sept. 9 /PRNewswire-FirstCall/ -- Great Lakes Aviation, Ltd. (OTC Bulletin Board: GLUX) today announced preliminary passenger traffic results for the month of August 2009. (PR Newswire)
Frontier passenger count down 9.5% in Aug. Sep 9, 2009
The company said its capacity to carry passengers or available seat miles was down 13 percent in August from a year earlier, largely because Frontier sold off planes in 2008, so its load factor the percentage of its carrying capacity used by passengers rose by 2 ... Frontier s load factor was 92 percent in July, 89 percent in June and 81. (Denver Business Journal, CO)
Southwest sees uptick in August traffic Sep 6, 2009
Southwest s load factor, on the other hand, increased to 80. 2 percent, up from 74. (Milwaukee Business Journal, WI)
Hawaii closing costs at national average Sep 5, 2009
The state's largest airline said its August load factor was 3. 3 percentage points higher than the same month a year earlier, when it was 82. (Honolulu Advertiser)
United traffic falls in August Sep 4, 2009
Load factor, or percentage of seats filled, rose 2 ... 38 billion a year ago, and load factor was at 81. (Crain's Chicago Business)
American Airlines Traffic in August Fell Sep 4, 2009
Load factor, or occupancy, rose 1 ... 84 billion a year ago, and load factor fell 1. (ABC News -- Wire)
US Airways revenue miles drop 3.9% Sep 4, 2009
8 percent, but trans-Atlantic flights gained 19 percent as available seats and load factor also moved up in that category ... Load factor stayed nearly even at 85 percent compared with 85 ... 9 percent and load factor inched up nearly half a percentage point to 82. (Philadelphia Business Journal, PA)
Etihad Airways launches flights to OHare Sep 1, 2009
We are already at 75% load factor and we havent started flying yet, she said ... Etihad Airways has a passenger load factor of more than 90%, a figure that airline consultant Michael Boyd called beyond dynamite. (Crain's Chicago Business)
IATA: Passenger, cargo traffic down Aug 28, 2009
Despite this improvement, the July freight load factor of 47. 6 percent was lower than the 49 percent recorded in July 2008, according to IATA.. (Albany Business Review, NY)
Cathay offers attractive fares Aug 23, 2009
The Delhi-Bangkok-Hong Kong flight enjoyed an almost 100 per cent load factor during the summer holidays, Raicar said, but did not reveal the yields on these flights for reasons of business secrecy. To questions on the bilateral air traffic rights signed less about 18 months ago, he said a daily flight from Delhi to Hong Kong via Bangkok was launched from March 30, taking the total number of flights each day two. (India Times)
Cutting prices and making money Aug 22, 2009
Its various promotions have helped to boost system-wide load factors to 66% in the second quarter, and the aggressive capacity reduction has also pushed the international load factor to 65 ... In addition, AirAsia managed to keep its seat load factor steady at 74. (The Star Online, Malaysia -- Business)
S'pore based Jetstar wants to fly to more M'sian towns Aug 17, 2009
It also enjoys an average load factor of about 80% system-wide despite the A(H1N1) influenza scare currently. The industry faces a lot of challenges but we are very nimble and quick to react and that helps in our business, she said. (The Star Online, Malaysia -- Business)
Lynchburg airport finishes third busies July on record Aug 15, 2009
Airport wide load factor for the month, or percentage of seats filled, continued strong as well at 79 percent. "It's really all about competitive airfares," said airport director Mark Courtney. (Chatham Star Tribune, VA)
JetBlue offers one month of unlimited travel for $599 Aug 13, 2009
Recent traffic data shows JetBlue's load factor a measure of how full a plane is fell 0. 5% in July. (USA Today -- Money)
AirAsia profit surges on high passenger volume Aug 13, 2009
Load factor was constant at 75% as a year ago ... An aviation analyst said the results were above his core net profit forecast, mainly due to better load factor and higher ancillary income. (The Star Online, Malaysia -- Business)
Second SriLankan daily flight via KL-Colombo route soon Aug 10, 2009
Niran expects SriLankan Airlines to continue with its current load factor of 85% in the future, given that the economic climate is improving and buying power increasing. It currently carries a wide segment of the market from leisure to business travellers, migrant workers and even Haj pilgrims that go to Jeddah via Colombo. (The Star Online, Malaysia -- Business)
Southwest traffic up 5% in July Aug 9, 2009
The increase in July passenger traffic came as Southwest s capacity dropped 4 percent while its load factor, or percentage of seats filled, jumped to 83. 2 percent from 76. (Nashville Business Journal, TN)
LAN Airlines Monthly Statistics Report for July 2009 Aug 8, 2009
As a result, the Company's load factor decreased 2 ... As a consequence, the domestic load factor for the month decreased 6 ... Accordingly, the international passenger load factor for the month decreased 1. (PR Newswire)
MAS results disappointing despite Q2 profit, say analysts Aug 8, 2009
HwangDBS Vickers Research said the core net loss was mainly due to RM350mil realised derivative expenditure or losses, lower load factor and yield ... 3% for FY09 and FY10 respectively, reflecting slightly higher international passenger load factor, it added. (The Star Online, Malaysia -- Business)
Hawaiian Air passenger count up 5.9% Aug 8, 2009
5 percentage points from the year earlier's load factor of 78 ... Load factor through the first seven months of the year averaged 83. (Honolulu Advertiser)
Hawaiian Airlines passenger count up in July Aug 7, 2009
5 percentage points from the year earlier's load factor of 78. 7 percent. (Honolulu Advertiser)
Delta traffic shrinks in July Aug 7, 2009
Load factor rose 1 point to 87. 7 percent, the airline reported. (Albany Business Review, NY)
> RELATED: Frontier scores highest passenger count in 11 mos. Aug 7, 2009
The company said its capacity to carry passengers or available seat miles - was down 16 percent in July from a year earlier, largely because Frontier sold off planes in 2008, so its load factor the percentage of its carrying capacity used by passengers rose 4 ... Frontier s load factor was 89 percent in June and 81 ... The company said its capacity to carry passengers or available seat miles - was down 16 percent in July from a year earlier, largely because Frontier sold off planes in 2008, so... (Denver Business Journal, CO)
Hawaiian traffic up nearly 6% in July Aug 7, 2009
Hawaiian s load factor for July increased 6 ... For the year to date through July, Hawaiian s load factor was down 0. (Pacific Business News, HI)
US Airways confident despite drop in revenue Aug 6, 2009
For July, the airline reported a record load factor, the industry's term for occupancy, of 86. 4 percent on its non-commuter flights. (AZCentral -- Business)
US Airways reports record load factor Aug 6, 2009
Passenger load factor for the month of July , however, was a record 86. 4 percent, up 1. (Phoenix Business Journal, AZ)
Copa Holdings Reports Net Income of US$55.2 Million and EPS of US$1.26 for the Second Quarter of 2009 Aug 6, 2009
Consolidated load factor decreased 5 ... Break-even load factor for 2Q09 decreased 6 ... 0% Breakeven Load Factor (2) 59. (PR Newswire)
Copa Holdings Announces 8.0% Traffic Growth for July 2009 Aug 6, 2009
0% ---------------------------- ------ ------ ------ Load Factor (3) 76 ... 9% ---------------------------- ------ ------ ------ Load Factor (3) 77 ... 2% ---------------------------- ------ ------ ------ Load Factor (3) 68. (PR Newswire)
United's on-time rate, traffic levels dip Aug 5, 2009
Its load factor, or percentage of seats filled, dropped 0. 4% in the first seven months of the year. (Crain's Chicago Business)
July interisland traffic down 6% for go! Aug 4, 2009
had a load factor of 73 ... The load factor, year to date, is 67. (Pacific Business News, HI)
AirAsia targets RM1bil cash reserves Aug 4, 2009
The RM1bil cash reserves will be achieved from various activities that include improving efficiency, increasing seat load factor and other expenses wherever possible, he told a media briefing after the companys AGM and EGM yesterday. Fernandes said the fund raised from the private placement would be used mainly to reduce the airlines gearing and help restructure its finances. (The Star Online, Malaysia -- Business)
Murli Deora 00004000in Lok Sabha Aug 4, 2009
Statement of Petroleum Minister Murli Deora in the Lok Sabha- Oil & Gas-Energy-News By Industry-News-The Economic Times. Statement of Petroleum Minister Murli Deora in the Lok Sabha3 Aug 2009, 1927 hrs IST. (India Times)
Continental Airlines Reports July 2009 Operational Performance Aug 4, 2009
HOUSTON, Aug. 3 /PRNewswire-FirstCall/ -- Continental Airlines (NYSE: ) today reported a July consolidated (mainline plus regional) load factor of 87 ... 1 points above the July 2008 consolidated load factor, and a mainline load factor of 87 ... 5 points above the July 2008 mainline load factor. (PR Newswire)
British Airways More Bullish on Recovery Than Air France Following Losses Aug 1, 2009
The load factor, or proportion of seats filled, slid 0 ... 8 percent and the load factor slipped 0. (Bloomberg -- UK)
AirAsia X expanding despite flying rights halt Jul 30, 2009
July is also the fourth consecutive month that AirAsia X had sold 100,000 tickets, with its London sector achieving record 90% load factor. It will also set up a virtual hub in the Gulf region in 2010 in partnership with an airport there. (The Star Online, Malaysia -- Business)
EasyJet Predicts Profitable Year After Third-Quarter Revenue Increases 12% Jul 29, 2009
9 million and the load factor, or proportion of seats filled, increased 1. 2 percentage points to 84. (Bloomberg -- UK)
