Swiss says August traffic remained stable

9 years ago - Published in Finance, Fundamental Analysis

Swiss carried 1.62 million people in August, an increase of 0.1% compared to the same month last year. The Swiss airline, controlled by the German Lufthansa, has increased by 9.6% in terms of seats / km compared to August 2015. As a result, the load factor declined by 3 percentage points to 86.8%: in July, had reached 87.9%.

Overall, the number of flights has remained unchanged at 13,285 in August, while traffic, expressed in passenger-kilometers flown, was up 6%, it said in a note today's Swiss.

The parent company Lufthansa, in the same month, has decreased the volume of travelers by 1.3%. Altogether Lufthansa, Swiss, Germanwings and Austrian Airlines have put on the move 10.7 million passengers. Lufthansa's offer is its part, it grew by 2.1% in terms of seats / km compared to August 2015, while the load factor was 84.7% (-3.0 points).

 

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