- Passenger numbers: 2.8 million, +3.9%;
- Cargo volume: 83,200 tonnes, +5.1%;
- Aircraft movements: 22,500, +5.9%;
- Passenger numbers: 8.7million, +11.4%;
- Cargo volume: 213,600, +5.0%;
- Aircraft movements: 67,300, +9.2%.
Shenzhen Airport pax up 4%, cargo up 5% in Mar-2014; 8.7m pax in 1Q2014
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China-Australia aviation: one million visitors & flights on 21 city-pairs from 12 Chinese cities
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Aegean Airlines: wider 1Q loss exposes growing seasonality. Ryanair maintains competitive pressure
The Aegean Airlines group suffered another fall in its operating result in 1Q2016, when winter losses widened. As is the case for almost every other European airline, it suffered a fall in unit revenue. However, whereas many others managed to lower unit costs at a faster rate, Aegean's cost efficiency gains were not enough to offset the RASK decline, in spite of lower fuel prices. This adverse RASK versus CASK trend seems to have established itself and Aegean has now had six successive quarters of contraction in its operating margin.
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