Agree with you mate, good sound stat's there.
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I didn't just mention yields - i mentioned RPK growth (paying passengers) as well
Both the declining growth and yields seem consistent with with what analysts think will be happening next year on the revenues front. Combined suggests F17 revenues might only be up 4% odd - compared to 8% plus growth this year
Yes but this has been factored in hence a SP of 2.15 versus 3.05, looking at the detail with the added routes RPK's and load factors are pretty decent. I am not expecting continued growth with increased competition but it would seem they are not yet needing to discount substantially to keep load factors up. I have been considering a family holiday and took the same one 2 years ago, comparing prices and keeping an eye on them they are still higher now than then.
I still have a lot to learn but from my perspective I think this months stats are better than expected. Certainly appreciate the input from those like yourself that have a better understanding of things.