CARGO REVENUE TON
MILES (000)
Total 78,335 63,763 22.9 Percent
SOURCE: CONTINENTAL AIRLINES (CONTINENTAL.COM)
Seeing this data , at least in February 2010 in comparison of February 2009 , domestic flying we see a shrink of 4.1 , but RASM only shrink 0.5. I don't have any Economy Degree , but I don't need to have one to see the difference.
Trasatlantic flying shrink 9.8 but RASM rose 4.9 in comparison of Feb.2009.
Latin America flying grew 2.3 and RASM 6.2 . As a sidenote , I know that IAH-GIG is a real success , but anyone have numbers at yields ?
Pacific flying have very good numbers. ASM , rose 3.8 and grew 14.5!!!
Is China flights recovering ? Are businessmen flying BF ?
Let the discussion begin !
SevenHeavy From United Kingdom, joined Mar 2004, 1127 posts, RR: 10 Reply 1, posted (3 years 2 months 3 weeks 3 days 22 hours ago) and read 2081 times:
Better than last year? Certainly.
Recovering? Yes.
However, this time last year load factors / yields had fallen off a cliff. Airlines are undoubtedly doing significantly better than last year but the situation last year was so dire that the only way was up.
Almost every carrier has cut back on its capacity/fleet. This has made a big impact on available capacity, and as demand returns this may well be good for the airlines (at the expense of the price sensitive consumer). I would imagine that airlines will be very cautious in putting capacity back in their networks.
If YOY growth continues to improve then maybe the airline sector will be viewed on a bit more optimistically. Growth/profit forecasts have already been revised upwards for 2010/2011, but there is a long way to go.
And just as yields and loads seem to be getting healthier, oil is creeping ever higher....
ItalianFlyer From United States of America, joined Nov 2007, 951 posts, RR: 2 Reply 2, posted (3 years 2 months 3 weeks 3 days 19 hours ago) and read 1906 times:
The financial gurus in the US and Europe all seem to agree that yes, the industry is climbing out of the hole...but lets remember this is a DEEP, BIG hole. As a whole, the industry has destroyed more capital in the last ten years then it made since its inception.
The second thing that the 'experts' seem to agree on is that continued recovery is contingent on capacity discipline.....something the post-deregulation industry has never really mastered (outside of hard times).
DLD9S From United States of America, joined Jun 2006, 250 posts, RR: 0 Reply 3, posted (3 years 2 months 3 weeks 3 days 18 hours ago) and read 1816 times:
Airlines were definitely in a large decline in Q1 2009, but they were not at rock bottom yet. It will be interesting to see how international demand holds up during the busy summer season.
Hopefully for the airlines they will be able to sustain much higher fares than last year when a trip to Europe in the middle of summer was often costing 30-40% less than typical high season fares.
SHAQ From Panama, joined Jun 2007, 285 posts, RR: 0 Reply 4, posted (3 years 2 months 3 weeks 3 days 18 hours ago) and read 1742 times:
Quoting DLD9S (Reply 3): Hopefully for the airlines they will be able to sustain much higher fares than last year when a trip to Europe in the middle of summer was often costing 30-40% less than typical high season fares.
I really hope this year airlines make a full-year profit , specially CO
SevenHeavy From United Kingdom, joined Mar 2004, 1127 posts, RR: 10 Reply 5, posted (3 years 2 months 3 weeks 3 days 14 hours ago) and read 1582 times:
Quoting DLD9S (Reply 3): Airlines were definitely in a large decline in Q1 2009, but they were not at rock bottom yet. It will be interesting to see how international demand holds up during the busy summer season.
The decline started in October/November 2008. Most airlines hit their "rock bottom" around February / March 2009 in terms of financial performance, as yields are generally poor at that time of year anyway. The summer was just as bad, year on year, but airlines make most of their money in the summer, and so losses were stemmed somewhat. By the Autumn the raft of capacity cuts were filtering through, which also helped yields and load factors to recover
LipeGIG From Brazil, joined May 2005, 11230 posts, RR: 61 Reply 6, posted (3 years 2 months 3 weeks 2 days 13 hours ago) and read 1213 times:
AIRLINERS.NET CREW FORUM MODERATOR
Quoting SHAQ (Thread starter): Latin America flying grew 2.3 and RASM 6.2 . As a sidenote , I know that IAH-GIG is a real success , but anyone have numbers at yields ?
I don't have numbers, but it seems is a big money maker. No deep discount C/J, business always full, hard to find seats last minute even with the highest rates. I believe IAH-GIG is now the best yielding route to Brazil (or at least between the top 3), as expected. High yielding oil and energy markets are very happy with this flight. I don't know how CO can deal with additional demand for the near future.
New York + Rio de Janeiro = One of the best combinations !
SHAQ From Panama, joined Jun 2007, 285 posts, RR: 0 Reply 7, posted (3 years 2 months 3 weeks 2 days 11 hours ago) and read 1109 times:
Quoting LipeGIG (Reply 6): I don't know how CO can deal with additional demand for the near future.
Hi Lipe !
Ok I think that when 787 begin arrivin ( 2011 for CO) They maybe will deploy IAH-GIG with a 772 or a 787.
Who knows !
IAH-GRU and EWR-GRU isn't so high-yielding , maybe they make good $$ but not so much as CO129
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