British Airways passenger numbers down 12.5% - traffic highlights in Jun-2010:
- Passenger numbers: 2.6 million, -12.5% year-on-year;
- Passenger load factor: 77.5%, -2.1 ppts;
British Airways: “Traffic, and as a result profitability, in the first quarter, has been affected by seven days of volcanic ash in April and 23 days of industrial activity in May and June. Traffic was 14.9% down on quarter one 2009 and capacity, measured in ASKs, was down 11.3%, resulting in a passenger load factor 3.1 ppts lower than last year. Although the yields over the period have been stronger year-on-year, reflecting the underlying economic improvement, they have not fully offset the impact of lower volumes,” Company statement. Source: British Airways, 05-Jul-2010.