Boeing757/767 From United States of America, joined Jun 1999, 2284 posts, RR: 1 Posted (11 years 4 months 1 day 17 hours ago) and read 2372 times:
Awesome stats -- the highest load factor of any U.S. major carrier. They control capacity very well in this enivronment, and the Pacific traffic looks good.
Press Release Source: Northwest Airlines
Northwest Airlines Reports March Traffic
Monday April 5, 5:05 pm ET
EAGAN, Minn., April 5 /PRNewswire-FirstCall/ -- Northwest Airlines (Nasdaq: NWAC - News) today announced a systemwide March load factor of 81.6 percent, 6.1 points above March 2003. Northwest flew 6.31 billion revenue passenger miles (RPMs) and 7.73 billion available seat miles (ASMs) in March 2004, a traffic increase of 5.3 percent and a capacity decline of 2.6 percent versus March 2003.
NORTHWEST AIRLINES TRAFFIC SUMMARY
March 2004 March 2003 Change
Revenue Passenger Miles (000s):
System 6,307,448 5,991,160 5.3%
Domestic 3,861,468 3,756,054 2.8%
International 2,445,980 2,235,106 9.4%
Pacific 1,642,996 1,575,217 4.3%
Atlantic 802,984 659,889 21.7%
Available Seat Miles (000s):
System 7,734,391 7,939,997 (2.6%)
Domestic 5,014,357 5,027,236 (0.3%)
International 2,720,034 2,912,761 (6.6%)
Pacific 1,795,656 2,075,920 (13.5%)
Atlantic 924,378 836,841 10.5%
Northwest Airlines is the world's fourth largest airline with hubs at Detroit, Minneapolis/St. Paul, Memphis, Tokyo and Amsterdam, and approximately 1,500 daily departures. With its travel partners, Northwest serves nearly 750 cities in almost 120 countries on six continents.
Coronado From United States of America, joined Jun 1999, 1275 posts, RR: 2
Reply 2, posted (11 years 4 months 1 day 17 hours ago) and read 2330 times:
89.9 % load factor on International flights in March is amazing, (and even more so a 85.7% factor over the 3 months of the quarter) but does not this suggest that perhaps quite a few flights are jammed to the gills and they may be leaving pax behind? At what point are you sacrificing your overall pax load and sending them to the competition?
The Original Coronado: First CV jet flights RG CV 990 July 1965; DL CV 880 July 1965; Spantax CV990 Feb 1973
XFSUgimpLB41X From United States of America, joined Aug 2000, 4289 posts, RR: 36
Reply 6, posted (11 years 4 months 1 day 10 hours ago) and read 2168 times:
We've had huge load factors on all my flights the past little while... except today was a bit low....great to see how well we are doing... rediculous if we cant make money like this. If we cant...somebody isnt playing the beans right.
M404 From United States of America, joined Nov 2003, 2240 posts, RR: 4
Reply 7, posted (11 years 4 months 1 day 7 hours ago) and read 2139 times:
OK. Does anyone know what the breakeven LF is. I've not seen that published for a long time but I think it was 82% a year ago. A real big bite out of this is that fuel has almost doubled in price with no NW hedging plus how low are the tickets discounted to compete with LCCs and overseas wholesalers. Sure are a lot of middle seats used by uncomfortable passengers.
Less sarcasm and more thought equal better understanding
Isitsafenow From United States of America, joined Feb 2004, 4984 posts, RR: 22
Reply 8, posted (11 years 4 months 1 day 1 hour ago) and read 2106 times:
You can haul 292 million people a day(population of USA). The question is if NW made money in any of the first three months of 2004. I have not as of this morning found that answer yet. Anybody know if they turned a dollar or not?
If two people agree on EVERYTHING, then one isn't necessary.
Boeing757/767 From United States of America, joined Jun 1999, 2284 posts, RR: 1
Reply 10, posted (11 years 4 months 1 day 1 hour ago) and read 2062 times:
As stated above, we'll have to see if the traffic translates to profit. Between fuel costs and labor costs that are higher than the LCCs, plus the lack of pricing premium due to low-fare competition, even such a high load factor may not translate to profit.
PSU.DTW.SCE From United States of America, joined Jan 2002, 7965 posts, RR: 26
Reply 11, posted (11 years 4 months 20 hours ago) and read 2002 times:
I'll venture to say NW probably made a profit in March, based upon heavy spring break travel. However, remember last year, the bottom fell out toward the end of the month when the war in Iraq broke out in April 2003.
The question is whether the profit in March was larger than the losses in Jan & Feb. 1st quarter is traditionally the weakest of the year. Jan & Feb are slow while March significantly picks up.
The next week and a half will be real busy with the Easter holiday coming up too.
More or less, what the load factor means is that NW does a good job matching supply and demand, now whether or not thats at a suitable revenue level is another story.