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Lufthansa Posts Higher Traffic, Capacity In March - Update

4/12/2012 8:29 AM ET

Deutsche Lufthansa AG (DLAKY.PK,DLAKF.PK) on Thursday reported growth in traffic, capacity and load factor for the month of March, with contribution from all traffic regions.

The group operates Lufthansa Passenger Airlines, Swiss Air, Austrian Airlines and Lufthansa Cargo.

Traffic, measured in terms of revenue-seat-kilometers, increased 7.7 percent to 16.21 billion in the month. Available-seat-kilometres, a gauge of capacity, rose 3.6 percent to 21.13 billion.

Load factor increased 3 percentage points to 76.8 percent. Cargo load factor edged up 0.1 percentage point to 69.7.

Passengers increased 5.9 percent in March to 8.17 million. The company noted that the pricing environment developed positively with all airlines in the passenger airline group reporting increases in sales and load factors.

According to the German aviation group, all traffic regions contributed to the positive trend. Sales in European traffic grew 6.6 per cent and the passenger load factor rose by 1.3 percentage points.

The Americas traffic region recorded the greatest improvement of 4.6 percentage points in the load factor, while capacity remained stable.

In the Asia/Pacific traffic region, sales grew particularly well at 12.9 per cent, partly due to the catastrophes in Japan in the same period last year.

The airlines in the Lufthansa Group carried 21.87 million passengers in the first quarter, up 4.8 per cent from last year with all carriers in the passenger airline group raising the average seat load factor of their aircraft.

The seat load factor for the quarter rose group-wide by 1.3 percentage points to 74.2 per cent. Capacity increased 2.6 per cent while traffic grew 4.4 per cent.

The stock is up 0.54 percent on the Xetra in Frankfurt at 10.12 euros on a volume of 1.65 million shares.

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by RTT Staff Writer

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