AIR - Air NZ.

**Jantar** · 21-03-2017, 01:25 PM

Originally Posted by winner69

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.

**winner69** · 21-03-2017, 01:37 PM

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)

**Arbroath** · 21-03-2017, 01:37 PM

Originally Posted by Jantar

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.

Jantar - load factor is RPK's divided by ASK's, nothing to do with days in a month. Think of it like capacity utilisation - Air's planes based on kilometres flown were 81.6% full in February.

**Snow Leopard** · 21-03-2017, 01:37 PM

Originally Posted by winner69

RAsK numbers, both short and long haul, continue their decline v same period last year

I agree with you

Originally Posted by RTFQ

I think you may be looking at "year to date", Short haul was up for the month.

Yes, he was. They do not give RASK for the month, but it was down.

Originally Posted by Jantar

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.

You are reading the same report, but you are totally misunderstanding it.

Best Wishes
Paper Tiger

**Jantar** · 21-03-2017, 04:09 PM

Originally Posted by Paper Tiger

......
You are reading the same report, but you are totally misunderstanding it.

Best Wishes
Paper Tiger

Originally Posted by Arbroath

Jantar - load factor is RPK's divided by ASK's, nothing to do with days in a month. Think of it like capacity utilisation - Air's planes based on kilometres flown were 81.6% full in February.

My apologies, I am in a daze today and you are both right. A factor is a ratio and has no dependence on time.

However,all the time dependant indicators are up on the same month last year.

**Beagle** · 21-03-2017, 04:11 PM

LOL for someone who said they weren't going to comment I think you might have tripped over your own paws there Paper Tiger

**RTFQ** · 21-03-2017, 04:15 PM

Short Haul passenger numbers increased 2.2%. In the Domestic market demand

(RPKs) increased by 5.9%, with capacity (ASKs) increasing by 6.4%, due to

increased services on Auckland - Queenstown and the main trunk routes, as

well as growth on the regional routes resulting from up-gauging to larger

aircraft. Domestic load factor decreased 0.5 percentage points to 83.2%.

Available seat kilometers increased for Feb17 relative to FEB16
Revenue per passenger kilometer increased Feb17 relative to Feb16
Load factor was only down 0.5% Feb17 as opposed to Feb16

I suggest costs are down per ASK's and Cargo is at record highs.

**Beagle** · 21-03-2017, 05:09 PM

Yes we'll likely see some further CASK improvement this half as fuel and maintenance hungry 767-300's leave the fleet this month replaced by state of the art dreamliners.
You know you're getting older when you can remember back 20+ years ago when those 767's were considered absolute state of the art and ultra efficient aircraft that apparently bean counters loved because they were so cheap to fly. Where do the years go...