Air Berlin improves revenue
Significant increase in yield per available seat kilometer
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air transport/traffic figures July 2008
Berlin (euro adhoc) - Over the first seven months of 2008, Air Berlin transported 5.1 percent more passengers than in the corresponding period of the previous year. The number of passengers welcomed on board increased from 15,615,031 to 16,403,054. Fleet capacity utilization for the seven-month period rose from 75.6 to 78.1 percent, i.e. an increase of 2.5 percentage points over the corresponding period of the previous year.
For July 2008, the company recorded a significant increase in revenue per available seat kilometer. Capacity was reduced by 40,000 seats (= 1.1 percent). As a result, the number of passengers traveling on Air Berlin sank by 1.4 percent to 2,908,018 (07/2007: 2,948,315) and capacity utilization decreased from 83.6 to 83.3 percent, i.e. by 0.3 percentage points. However, flight revenue per available seat kilometer ("Yield per ASK") increased by 14.6 percent to reach 5.86 Eurocents (07/2007: 5.11 Eurocents).
As Air Berlin´s CEO Joachim Hunold stated in Berlin on Wednesday: "The figures for July clearly demonstrate that our efficiency program has taken off - the more so that our clients value our good price-performance ratio."
July 2008
Capacity 3,490,117 Number of passengers 2,908,018 Capacity utilization rate in % 83.32 July 2008, accumulated Capacity 20,999,065 Number of passengers 16,403,054 Capacity utilization rate in % 78.11
end of announcement euro adhoc --------------------------------------------------------------------------------
Further inquiry note:
Claudia Löffler
Senior Manager Public Relations, Air Berlin
phone: +49 (0)30 3434 1500
e-mail: cloeffler@airberlin.com
Branche: Air Transport
ISIN: GB00B128C026
WKN: AB1000
Index: SDAX, Classic All Share, Prime All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade
Original-Content von: Air Berlin PLC, übermittelt durch news aktuell