Yewww! Enjoy the weekend!
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February operating stats out today or tomorrow?
Probably be pretty good and wil give me more confidence in my forecast of F17 earnings being greater than $600m
Wonder when they will tell us about higher earnings expectations - Chris won't be able to keep saying around $500m for much longer, unless things are actually turning to custard.
RAsK numbers, both short and long haul, continue their decline v same period last year
You must be reading a different report to one I am reading.
"Air New Zealand carried 1,268,000 passengers during the month of February, an increase of 2.4%compared to the same period last year. Revenue passenger kilometres (RPKs) were 2.0% higher on acapacity (ASKs) increase of 5.3%. Group load factors were down 2.6 percentage points overall to 81.6%."
Group load factors were down 2.6% in a month that 3.45% fewer days. That makes it an increase compared to the number of days.
This what I looking at
RASK YTD Short haul down 6.6% (worse than YTD January which was down 6.4%)
RASK YTD Long haul down 14.8% (worse than YTD January which was down 14.1%)
To me thats a continuation of declining RASKs v corresponding period last year (and not offset by increased ASKs)