Traffic Results of Austrian Airlines for February 2014: Fewer Passengers, Fuller Aircraft

• February 2014: capacity utilization up 2.1 percentage points
• January to February 2014: capacity utilization up 1.2 percentage points
• Rise in the number of passengers on long-haul routes confirms strategy for the North American market

The Austrian Airlines Group reduced its flight offering (capacity) in the winter month of February 2014 by 1.2 percent in a year-on-year comparison. As a consequence, the number of passengers carried by the airline declined by 1.3 percent to about 672,700 passengers. Revenue passenger kilometers (RPK) were up by 1.7 percent due to the successful marketing of the airline’s North American flight service. Capacity utilization (passenger load factor) correspondingly improved by 2.1 percentage points to 74.5 percent.

In the period January to February 2014, the number of passengers carried by Austrian Airlines fell by 1.0 percent to a total of about 1.4 million. Capacity was increased by 1.3 percent, whereas revenue passenger kilometers rose by 3.0 percent. Accordingly, capacity utilization was up by 1.2 percentage points to 73.3 percent for the first two months of the year.

“We have moved to counteract the restrained demand on short-haul routes with targeted capacity adjustments. The year 2014 has begun positively, featuring capacity utilization and productivity gains”, explains Karsten Benz, Chief Commercial Officer of Austrian Airlines. “The increase on long-haul routes in February confirms once again that we decided for the right strategy in expanding our North American flight service. The new long-haul product is doing well.”

Europe
In February 2014, a total of 568,300 passengers flew with Austrian Airlines in Europe. This comprises a drop of 1.6 percent compared to the previous year. The passenger load factor fell by 0.6 percentage points to 69.7 percent

In the period January to February 2014, Austrian Airlines carried close to 1.2 million passengers in Europe, corresponding to a decline of 1.8 percent from the previous year. The passenger load factor fell by 0.5 percentage points to 68.5 percent.

Intercontinental
In February 2014, the number of passengers carried on intercontinental flights operated by Austrian Airlines increased by 0.1 percent year-on-year to 104,400. The passenger load factor was up by 4.6 percentage points to 79.0 percent.

In the period January to February 2014, Austrian Airlines carried a total of about 224,200 passengers on its intercontinental flights, a rise of 2.9 percent from the prior-year level. The passenger load factor climbed 2.6 percentage points to 77.6 percent.

Austrian Airlines
Austrian Airlines is Austria’s largest carrier and operates a global route network of round 130 destinations. That route network is particularly dense in Central and Eastern Europe with 41 destinations. Thanks to its favourable geographical location at the heart of Europe, the company’s hub at Vienna International Airport is the ideal gateway between East and West. Austrian Airlines is part of the Lufthansa Group, Europe’s largest airline group, and a member of the Star Alliance, the first global alliance of international airlines. The flight operations of the Austrian Airlines Group has been bundled at its 100% subsidiary Tyrolean Airways since 1st July, 2012.

source:austrian.com


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