Vueling reports Dec-08 traffic
Tags :
Continental Europe,
Vueling,
traffic
Vueling increased its December load factor by 7.4 percentage points, from 63.6%
in 2007 to 71.0% in 2008. Quarterly load factor improvement was 0.7 points. During Dec-08, Vueling kept on applying its improvement programme, reducing costs and cancelling non-profitable routes, by operating 8 fewer aircraft than on a year earlier a 33.3% reduction.
That entails annualised savings of between EUR40million to EUR50million. During the last
quarter of the year, the reduction on the number of operated aircraft was 26.8%.
Vueling has kept operating the most profitable routes on it Q4 schedule, therefore increasing its quarterly results in a significant manner in relation to those of the same period of 2007.
The increase in revenue per flight level kept on being the company’s main objective. In that regard, and in keeping with what has been achieved from Jan-08, Vueling expects for its Q4 revenue per flight to be between 15% and 20% above to the one achieved in 4Q07.
From Jan-08 to Dec-08, Vueling carried 5.9 million passengers.
(c) Centre for Asia Pacific Aviation. Date posted: 14-Jan-09
For in-depth analysis of the low cost airline sector worldwide, subscribe now to the peerless Peanuts! Weekly
Other Vueling News |
Vueling reports Dec-08 traffic 
