The group saw the passenger number increasing by 8.8% to 13.7m in the month of September, which brought the 9M number to 108.5m, an increase of 11%. As the offer (+7.3%) increased less strongly than demand (+8.3%), last month’s SLF was up by 0.8pp to 84.5%. The 9M SLF was up by 0.6pp to 82.0%. Simultaneously, demand for freight kilometres fell by 1.6%, whereas the offer was up by 6.2%. Consequently, the FLF was down by 5.0pp to 63.4% in the last month and it fell by 1.8pp to 66.4% ytd.
10 Oct 2018
Passenger growth has moderated, but this was expected
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Passenger growth has moderated, but this was expected
Deutsche Lufthansa AG (LHA:WBO) | 0 0 (-0.3%) | Mkt Cap: 12,564m
- Published:
10 Oct 2018 -
Author:
Hans-Peter Wodniok -
Pages:
2
The group saw the passenger number increasing by 8.8% to 13.7m in the month of September, which brought the 9M number to 108.5m, an increase of 11%. As the offer (+7.3%) increased less strongly than demand (+8.3%), last month’s SLF was up by 0.8pp to 84.5%. The 9M SLF was up by 0.6pp to 82.0%. Simultaneously, demand for freight kilometres fell by 1.6%, whereas the offer was up by 6.2%. Consequently, the FLF was down by 5.0pp to 63.4% in the last month and it fell by 1.8pp to 66.4% ytd.