OTA Berlin Apartments


 

Air Berlin Overall May Boardings Increase – ‘Load Factor’ Falls

June 7th, 2010

 

Berlin   07-06-2010

Air Berlin Airbus A319 foto Wikipedia -Arcturus

Air Berlin Airbus A319 foto Wikipedia -

Air Berlin Airbus A319 foto Wikipedia -Arcturus

Germany’s second-biggest airline – low cost carrier Air Berlin May passenger figures  rose by almost 2 % percent to 2.91 million – however  its corresponding ‘ load factor’ decreased by almost 3 %.

‘Revenue per available seat kilometre’ or ‘RASM’ – the parameter of used unit cost used to compare airlines –   dropped 6.9 % to 5.48 euro cents from 5.88 cents  due in the main to  bookings annulations and delayed bookings as European passengers  reacted to the spread of Icelandic volcanic ash.

This same RASM number is used to allow a cost comparison between different airlines low cost and regular airlines – theoretically the higher the RASM amount the more profitable the airline should be.  

 It went so far as to refer to a unique “reluctant booking behaviour” in relation to the delays and cancelations caused by the Icelandic ash phenomenon.

The figures provided by Air Berlin included passengers flown by ‘ TUIfly’, a wholly owned subsidiary, which Air Berlin bought in October 2009.

 Air Berlin also disclosed that its ‘fleet capacity utilization’ — meaning a gage of how passenger- full their planes were — declined from 76.7 %  to 74 % – from May 2009.

The economic outlook, financial trends and the  trials and tribulations generally of the low-cost carriers – a major transportation source of Berlin tourists – are of major concern for Hotels, Serviced Apartment and Hostels in the Berlin market.

‘OTA-Berlin Constituency Blog’ provides market overviews of those branches which pertain directly to Tourism and Accommodation in Berlin.

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http://www.airberlin.com/prepage.php

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