Qantas improves loads

[markis10]

Of course the year on year comparison means they are comparing traffic from the period just after the shutdown last year! Good to see International post positive RSKs, domestic not the same story.

http://www.asx.com.au/asxpdf/20121221/pdf/42c3b2dzntdyww.pdf

[h=1]Qantas load factors increase as international unit improves[/h]
QANTAS Airways said today its load factors -- a measure of the proportion of seats filled on its planes -- increased last month as its international unit performed better.

The group's load factor for the month, which also takes into account the distances flown by passenger, rose by 0.5 percentage points from a year earlier to 80 per cent, the airline said in a statement.



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[docjames]

I doubt a 0.5% LF change is statistically significant.

Look at the turn around in the last 12 months in TheAustralian re: QF stories (all good news now.......)

 

[cmon0005]

I doubt a 0.5% LF change is statistically significant.

For the International part of their business it is a lot and is still better than going backwards!

Does anyone know if the International figures include codeshares (QF flight number operated by another carrier) or are these figures purely QF Intl metal?

 

[138-CAN]

QANTAS Airways said today its load factors -- a measure of the proportion of seats filled on its planes -- increased last month as its international unit performed better.

I love statistics. Yes the load factor for QF international has risen. You can also clearly see the cause in the statistics - a reduction in available seat kilometres by 7.1% from 5135 million to 4770 million. That wasn't as bad as the reduction in the number of passengers which was from 487000 to 472000. A reduction in the number of seats and a reduction in the number of passengers can still result in an increased load when you cut that many flights!

 

[RWJ777]

I love statistics. Yes the load factor for QF international has risen. You can also clearly see the cause in the statistics - a reduction in available seat kilometres by 7.1% from 5135 million to 4770 million. That wasn't as bad as the reduction in the number of passengers which was from 487000 to 472000. A reduction in the number of seats and a reduction in the number of passengers can still result in an increased load when you cut that many flights!

Ah, interesting indeed; if you reduce the number of km flown that reduces the denominator thereby assuming the pax number, as the numerator, remains static or reduces by less than that of the denominator, the load % will increase. It doesn't mean that the outcome isn't good it just means that the improvement may be attributable to factors other than raw pax #.

I read in the Australian Magazine story on Alan Joyce a few months back that he's a maths whiz so he'd doubtless be all over these numbers like white on rice.

 

[serfty]

... A reduction in the number of seats and a reduction in the number of passengers can still result in an increased load when you cut that many flights!

However, if that reduction in the numbers of ASK's results in a nett increase in revenue of more than 7.1% then the company would view it as a good thing.

 

[138-CAN]

However, if that reduction in the numbers of ASK's results in a nett increase in revenue of more than 7.1% then the company would view it as a good thing.

Oh yeah I totally agree with you, they'd love it. It is good data to support the changes that have been put in place over the last 12 months. Some would call them enhancements, others would call them genuine improvements to help Qantas' bottom dollar. It would be interesting though to see where that revenue increase has come from. If you have fewer passengers and fewer flights flown then there could be some savings which result in this increase. I'd love to see more detailed data for things like changes in staffing costs, fuel and airport surcharges, changing routes and these effects.

The other thing I see is that if they are flying around the same amount of passengers, if not less, and they are making more money, maybe they could lower their prices in some areas where they aren't price competitive to try and get some of their market share back - or make their product better.

 

[whatmeworry]

So how much of bonus will AJ get for this?