The total was up by 7% to just above 9.9m in the last month which brought the 2018 number to more than 142m, an increase of 10%. However, management seems to have expected even stronger growth in December, consequently the SLF fell by 0.3pp to 78.5%. However, yield management improved somewhat in the full-year which resulted in an SLF increase of 0.5pp to 81.4%. On the other hand, there continued to be a mismatch in Logistics. Although demand for ton-kilometres was slightly up in December (+0
10 Jan 2019
Good passenger growth continued in December
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Good passenger growth continued in December
Deutsche Lufthansa AG (LHA:WBO) | 0 0 (-0.3%) | Mkt Cap: 12,564m
- Published:
10 Jan 2019 -
Author:
Hans-Peter Wodniok -
Pages:
2
The total was up by 7% to just above 9.9m in the last month which brought the 2018 number to more than 142m, an increase of 10%. However, management seems to have expected even stronger growth in December, consequently the SLF fell by 0.3pp to 78.5%. However, yield management improved somewhat in the full-year which resulted in an SLF increase of 0.5pp to 81.4%. On the other hand, there continued to be a mismatch in Logistics. Although demand for ton-kilometres was slightly up in December (+0