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Lufthansa and Air Berlin see slight yield improvements in Nov-2009


Germany’s two major carriers, Lufthansa and Berlin, both experienced slight yield improvements in Nov-2009, although Lufthansa warned that the improvements are occurring at a slow pace and that the overall outlook "remains subject to very considerable risks". [1304 words]

Unlock the following content in this report:


  • Signs of improvement in the German economy
  • Air Berlin RASK growth back into positive territory
  • Two-year RASK change up by double-digits
  • Slow improvement in Lufthansa yields, but long road ahead in full recovery
  • Lufthansa traffic figures affected by consolidation flurry
  • Lufthansa to apply some “low-coster” elements, reflecting “structural” changes in Europe 
  • Air Berlin looks to freight (as does easyJet)

Graphs and data:

  • Year-on-year GDP growth 2009 
  • Air Berlin revenue per ASK (RASK) growth (% change year-on-year) and trend line: Apr-2008 to Sep-2009
  • Air Berlin two-year change in revenue RASK (EUR cents): Apr-2009 to Nov-2009
  • Air Berlin & Lufthansa Group passenger load factor: Nov-2008 to Nov-2009
  • Air Berlin & Lufthansa Group passenger load factor growth: Nov-2008 to Nov-2009
  • Air Berlin & Lufthansa Group passenger numbers growth (%): Nov-2008 to Nov-2009
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