AEA airlines report 4% fall in Jul-2009 pax
Association of European Airlines (AEA) reports the following traffic highlights for its member airlines in Jul-2009:
- Passenger numbers: 31.6 million, -3.6% year-on-year;
- Europe: 23.8 million, -4.5%;
- North Africa: 502,800, +10.2%;
- Middle East: 943,000, +12.9%;
- North Atlantic: 2.8 million, -4.4%;
- Mid Atlantic: 589,700, -5.1%;
- South Atlantic: 509,700, -5.1%;
- Sub Saharan Africa: 806,200, +6.2%;
- Asia Pacific: 1.6 million, -4.4%;
- Load factor: 81.8%, +0.7 ppt;
- Europe: 75.8%, +1.6 ppt;
- North Africa: 76.6%, -0.2 ppt;
- Middle East: 75.1%, -4.2 ppts;
- North Atlantic: 87.7%, +1.9 ppt;
- Mid Atlantic: 85.6%, -0.8 ppt;
- South Atlantic: 84.2%, -2.5 ppts;
- Sub Saharan Africa: 83.3%, -1.0 ppt;
- Asia Pacific: 83.9%, +1.0 ppt;
- Cargo traffic (FTKs): -16.8%;
- Europe: -9.2%;
- North Africa: +21.2%;
- Middle East: +17.1%;
- North Atlantic: -15.4%;
- Mid Atlantic: +0.3%;
- South Atlantic: -18.0%;
- Sub Saharan Africa: -8.0%;
- Asia Pacific: -23.2%;
- Aug-2009 forecast:
- Passenger traffic: -2.0%;
- Capacity (ASK): -3.2%. [more]
AEA: "If the industry cannot make money in the peak Summer season, it is clearly in a desperate situation, and yet our members are reporting ongoing losses. If the airlines cannot make money when they are 81.8% full, there is clearly something very wrong with the cost/revenue relationship. That is precisely what has happened. The premium-travel market has taken a huge hit from the financial and economic crises. Airlines across Europe are offering great deals to business passengers, but are still not managing to re-energise the market," Ulrich Schulte-Strathaus, Secretary General. Source: AEA, 09-Sep-2009.
AEA: "Along with the July figures, AEA reported an outlook for August which indicated a very similar result. Based on weekly returns, the projection was for a 2.0% loss in traffic and a 3.2% decrease in capacity, with once again a slight load factor improvement," Association statement. Source: AEA, 09-Sep-2009.