European Regions Airline Association (ERA) announced (26-Mar-2012) its member airlines reported average scheduled passenger growth of 4.8% year-on-year in 2011, compared to a growth of 2.5% in 2010, noting that 2010 growth was affected by the Apr-2010 volcanic ash disruptions. ERA airlines also reported a 0.5 ppt improvement in load factor to 66.9% in 2011. [more - original PR]
ERA airlines pax up 5% in 2011, load factors average 66.9%
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Vueling NEXT Part 2: new CEO to lead IAG's LCC in restructuring bid to achieve IAG targets
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Part 1 of CAPA's analysis of Vueling examined its capacity growth and profitability trends since its acquisition by IAG in 2013. Vueling's operating margin and return on invested capital are on a downward trend, hence the new initiative to reverse these trends.
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Vueling NEXT Part 1: return on capital falls to make IAG's LCC the group's poorest performer
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