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

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.