German aviation group Deutsche Lufthansa AG (DLAKY, DLAKF) announced Monday that the group flew 1.5 percent fewer passengers in the month of February compared to last year. Traffic or sales, for the group declined 1.1 percent, and capacity dropped 3.9 percent, while passenger load factor improved 2.0 percentage points. The company said “pricing environment was stable.”
Lufthansa Group reported a 1.5 percent decline in passengers flown in February to 6.62 million from the year-ago month. Passenger numbers were lower in all regions, except in the American region (north and South), with the Asia/Pacific region dropping the most.
During the month, Lufthansa passenger airlines, including Germanwings, reported a 0.8 percent drop in passengers flown, Austrian Airlines reported a 5.2 percent decline, and it was down 1.9 percent at Swiss Air.
Meanwhile, the number of flights the group operated during the month dropped 4.8 percent to 74,232 from last year.
The group’s total traffic in terms of revenue seat-kilometers was 13.13 billion in February, down 1.1 percent from February 2012. Lufthansa’s total capacity, which is measured as available seat-kilometers, also decreased 3.9 percent for the month to 17.81 billion. Meanwhile, passenger load factor was up 2.0 percentage points year-over-year to 73.7 percent.
In the German carrier Lufthansa Passenger Airlines, capacity declined 3.6 percent, and traffic decreased 1.0 percent. Meanwhile, passenger load factor was up 1.9 percentage points from last year. Number of passengers flown edged down 0.8 percent from last year.
In the logistics business segment, the Lufthansa Group’s transported volume of freight and mail declined 12.9 percent to 125,000 tonnes. However, the group’s cargo load factor improved 1.1 percentage points to 72.1 percent.
Lufthansa Airlines cargo’s transported volume of freight and mail also decreased 11.7 percent to 144,000 tonnes from last year. However, the cargo load factor was up 3.0 percentage points to 71.1 percent. The airline cut cargo capacity by 13.0 percent, leading to a 9.2 percent decline in sales.
In Frankfurt’s XETRA exchange, the company’s shares are trading in Monday’s trading session at 15.20 euros, down 0.09 euros or 0.56% on a volume of 0.60 million shares.
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by RTT Staff Writer
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