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Cimber passengers up 16% in Aug-2010; double-digit yield improvement in Jul-2010

8-Sep-2010 1:02 PM

Cimber Sterling reported (07-Sep-2010) the following traffic highlights for Aug-2010:

  • Passengers:
    • Own passengers: 192,179, +36% year-on-year;
      • Domestic: 84,298 +32% (for the 15th consecutive month of double-digit growth, with the carrier adding that "largely all domestic routes showed
        passenger growth of more than 25%);
      • Regional: 35,844, +59%;
      • Leisure: 72,037, +30%;
    • Total passengers: 237,910, +16%;
      • Charter/ACMI: 45,73, -27%;
  • Load factor (%):
    • Own production: 65%, -2 ppts;
      • Domestic: 64%, +5 ppts;
      • Regional: 58%, +6 ppts;
      • Leisure: 67%, -5 ppts;
    • Total load factor: 66%, -2 ppts; 
      • Charter/ACMI: 73%, +2 ppts.

The carrier also provided details of its yield performance for Jul-2010:

  • Yield*: EUR 11.28 cents, +11%;
    • Domestic: -13%;
    • Regional: -1%;
    • Leisure segment: +24%
  • RASK:EUR 8.46 cents, +5%. [more]

* Based on an exchange rate of 1 DKK = 0.134311 EUR

Cimber Sterling: "The yield was 0.84 in July 2010, equivalent to an 11% increase compared with July 2009. This clearly shows that the summer of last year was a start-up phase, primarily for leisure traffic, for which pricing was not optimal ... The increase in the yield was achieved through much better pricing than in July 2009," Company Statement, 07-Sep-2010.