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Austrian Airlines Group: Monthly Traffic Statistics for First Quarter 2002
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Austrian Airlines Group: Monthly Traffic Statistics for First Quarter 2002
Overall passenger volume for scheduled and charter services in March 2002 was
673,280, a 0.8 % increase in the number of passengers carried. This was the
first time the passenger volume had moved in a positive direction compared to
the same period the previous year. Total passenger load factor grew by 4.3
percentage points to reach 73.9 %, while the figure for scheduled flights alone
was 72.0 %, a full 3.7 percent up on March 2001. The trend in long haul traffic
was particularly striking: while supply was reduced by 16.3 %, demand only fell
by 10.7 %. As a result, the passenger load factor was increased to an
outstanding 80.4 %, some 5.1 percentage points above its level last year.
Following the release of the Traffic Statistics, Dr. Josef E. Burger, Chief
Commercial Officer of the Austrian Airlines Group, summarised the situation as
follows: Our production cutbacks have been more than compensated by the
increasing demand. The decision taken to reduce and expand production on a
selective basis is currently proving to be absolutely the right one!
From January to March 2002, the figure for the total number of passengers
carried is 1,755,690, or just 1.0 % down on the previous year. It needs to be
taken into consideration that overall production in available seat kilometers
was reduced by 10.0 percent, while revenue passenger kilometers only decreased
by 8.1 %.
In this way, the passenger load factor could be increased by 1.4 percentage
points to 69.4 %. From January to March 2002, the carriers of the Austrian
Airlines Group made 34,265 individual flights, 1.2 % less than in the first
quarter of the preceding year.
end of ad-hoc-announcement (c)DGAP 18.04.2002
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WKN: 062015; ISIN: AT0000620158; Index: ATX
Listed: Amtlicher Handel in Wien; Freiverkehr in Berlin, Frankfurt, München,
Stuttgart
180905 Apr 02
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