Cimber Sterling pax up 20% in May-2010, yields halved in Apr-2010

Cimber Sterling passenger numbers up 20% - traffic highlights in May-2010:

• Passenger numbers: 229,694, +20% year-on-year;
• Load factor: 65%, +1.0 ppt. [more]

Cimber Sterling: "The yield was DKK0.95 in Apr-2010, equivalent to a 48% decline compared with Apr-2009. The drop in yield was primarily due to the changed product mix (increased leisure production) but the extraordinarily keen competition with increased price pressure and the closure of airspace during certain periods also had an adverse impact on the yield," Source: Cimber Sterling, 07-Jun-2010.