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Old 24th April 2006 | 10:18
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Cyrano
 
Joined: Nov 1999
Posts: 1,621
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From: Ireland
An article in the Sunday Times of 16 April (which I've just seen) claims:
CAA figures show [Maxjet] carried 1,753 passengers in January and 1,880 in February, and EOS 973 and 807 respectively. Rogliano [Maxjet CEO] claims that in March Maxjet carried just over 3,000.
So if Maxjet is 6x weekly with 102 seats, and EOS 7x weekly with 48 seats: that gives load factors of...
  • Jan: Maxjet 33%, EOS 33%
  • Feb: Maxjet 38%, EOS 30%
(Jan: 26 days @6/week, 31 days @7/week; Feb: 24 days @6/week, 28 days @7/week)

Taking 3,000 for Maxjet in March would give a much healthier 54%. In fact Maxjet put out a press release a couple of weeks back claiming >50% load factor for March and predicting 70% LF for their JFK route in April.

Standard disclaimer applies - we don't know the yields involved - but I note that both carriers have been discounting like crazy over the last couple of months. If I were EOS (and if the numbers above are accurate) I'd be worried about the trend in the numbers.
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