Press Release Archive
SkyEurope transports 274,039 passengers in October 2008
11/6/2008 12:00:00 AM
SkyEurope transported a total of 274,039 passengers in October 2008 with a load factor of 68.0%. In the 12 months ended October 2008, the Company carried 3,730,773 passengers with a load factor of 73.0%.
SkyEurope Holding AG, the holding company of SkyEurope Airlines and Flyholding, the holding company of Myair.com, a low-cost airline company incorporated in Italy, announced they have jointly entered into a protocol agreement to immediately commence an operating partnership between Myair.com and SkyEurope Airlines and explore an eventual strategic alliance.
The operating partnership aims to achieve operating synergies and economies of scale in the markets where both airlines currently operate as well as commercial and planning functions. With largely complementary networks, the partnership will offer travelling consumers an extended geographical reach and improved destination choice all at price levels that represent the best value in the European sky. Two airlines will exploit economies of scale in order to obtain certain marketing benefits and joint fuel purchasing as well as the integrated exploration of business development opportunities.
Passenger traffic figures for October 2008:
|
Monthly
|
October 2007
|
October 2008
|
Change
|
|
Passengers (1)
|
304,669
|
274,039
|
-10.1%
|
|
Load factor (2)
|
74.8%
|
68.0%
|
-6.8 pp
|
| |
|
Rolling 12 months ending
|
October 2007
|
October 2008
|
Change
|
|
Passengers (1)
|
3,390,398
|
3,730,773
|
+10.0%
|
|
Load factor (2)
|
81.4 %
|
73.0 %
|
-8.4 pp
|
(1) Represents the number of earned seats flown. Earned seats also include no-shows, tour sales and seats provided for promotional purposes and to staff for business travel. SkyEurope is a no-refund airline, and once a flight has departed a no-show customer is generally not entitled to change flights or seek a refund.
(2) Represents the number of passengers as a proportion of the number of seats available for passengers. No weighting of the load factor is carried out to recognize the effect of varying flight (or "stage") lengths.
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