Page 10 - Load Factor News Today

Domestic: USD 9.94cents, -3.7%; CASK: USD 7.19 cents, +2.7%; Domestic: USD 8.23 cents, -6.9%; International: USD 5.50 cents, -3.1%; CASK excluding fuel: USD 5.77 cents, +14.6%; Domestic: USD 6.72 cents, +1.7%; International: USD 4.23 cents, +9.2%; Cargo: 17,662 tons, -3.9%; Domestic: 9855 tons, -19.2%;

Negative Passenger Demand Trend Continues in February Negative Passenger Demand Trend Continues in February Geneva - The International Air Transport Association (IATA) announced that passenger traffic fell in February 2021, both compared to pre-COVID levels (February 2019) and compared to the immediate month prior (January 2021). Because comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, unless otherwise noted all comparisons are to February...

Optimism from Thai AirAsia CEO as AAV Reports Net Loss of THB 4.7 Billion (25 Feb 2021) Asia Aviation (AAV), the major shareholder of Thai AirAsia, has reported a Q4 2020 revenue of Baht 4,158.6 million and a net loss of Baht 1,114.4 million (1.1 billion Thai Baht equals approximately US$36.5 million). The loss was partially caused by the impairment on right-of-use assets equating to Baht 1,416 million. Thai AirAsia was EBITDA positive in the quarter, ex...

Analysis It is no longer news to report that the COVID-19 pandemic has had a massive and devastating impact on the world aviation industry. Nevertheless, looking at various measures of the industrys scale in 2020 provides historical context. It illustrates how far this growth industry has been set back. According to data from the CAPA Fleet Database, the number of passenger jet aircraft in service with the worlds airlines at the end of 2020 was back to 2008 levels. However, this 12-year setback...

ALTA region totals 177m passengers in 2020 ALTA reported (11-Feb-2021) airlines operating in the Latin America and Caribbean market carried 177.3 million passengers in 2020, down 59.2% year-on-year. Traffic (RPK) decreased 61.9% and capacity (ASK) decreased 55.7%, bringing the load factor to 71.3%, 11.5pp lower than in 2019. [more - original PR] Want More News Like This? CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive da...

KUALA LUMPUR: AirAsia Group Bhd is navigating its recovery phase exceptionally well as key operational metrics improved in December 2020 in comparison to September 2020.

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59.2% International Passenger Markets Asia-Pacific airlines’ full-year traffic plunged 80.3% in 2020 compared to 2019, which was the deepest decline for any region. It fell 94.7% in the month of December amid stricter lockdowns, little changed from a 95% decline in November. Full year capacity was down 74.1% compared to 2019. Load factor fell 19.5 percentage points to 61.4%. European carriers saw a 73.7% traffic decline in 2020 versus 2019. Capacity fell 66.3% and load factor decreased 18.8 p...

2020 Worst Year in History for Air Travel Demand Translations:  Geneva - The International Air Transport Association (IATA) announced full-year global passenger traffic results for 2020 showing that demand (revenue passenger kilometers or RPKs) fell by 65.9% compared to the full year of 2019, by far the sharpest traffic decline in aviation history. Furthermore, forward bookings have been falling sharply since late December. International passenger demand in 2020 was 75.6% below 2019 levels. Ca...

CASK: USD 6.04 cents, -11.1%; CASK excludes fuel: USD 4.95 cents, +2.9%; Cargo: 24,662 tons, -3.2%; Cargo yield: USD 58.98 cents, +16.6%; Number of flights: 13,627, -28.5%. [more - original PR] Want More News Like This? CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.Find Out More