Ugly May for Swiss (Lufthansa Group)

9 years ago - Published in Finance, Fundamental Analysis

Bad month of May for Swiss who sees decrease the number of passengers and therefore the employment rate: the subsidiary airline Lufthansa carried 1.4 million travelers, 0.5% less than the same month of 2015.

The employment rate of the aircraft fell to 80% (-2.7 percentage points) compared to the same period last year. The number of flights operated by Swiss has also declined by 0.9% to 12.800 units, the data published today by Lufthansa. For its part, the German airline carried 5.5 million passengers in May (-7%), with a load factor of 75.8% (-3.8 points).