March statistics of Brussels Airlines out!

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Inquirer
Posts: 2095
Joined: 14 Feb 2012, 14:30

March statistics of Brussels Airlines out!

Post by Inquirer »

Just noticed that Brussels Airlines did publish their statistics for the month of March, the month during which their home airport was hit by the worst terror attack ever on Belgian soil.

https://www.aviation24.be/airlines/brussel ... er-growth/

Now that things are getting back to operational normality, they seem to have found the time again to pick up this habit of theirs, which is good news for us here, observers.

Of course, it's a difficult month to analyse in depth given the volatility of the results, but what can be noticed apart from an expected and very significant drop in total passenger numbers, is that their RSK (an image of their revenues) falls pretty much in line with their ASK (an image of their direct operating costs), leading to a very small load factor variation only. :shock:

That's actually surprisingly good news given the circumstances, since it means that broadly speaking they 'only' needed to absorb their temporarily oversized fixed overhead costs then in March, thus seriously limiting the financial impact these events had.

Through the forced cancelation of that many flights, they have definitely suffered a huge opportunity loss (see their reported growth figures up to 21st of March), but IMHO it also meant the events could only cause a relatively small actual loss over the full month of March (see the almost flat loadfactor).

Will be most interesting to see their numbers of April: these may be more indicative of the true impact on their bottom line, all depending how good they were at aligning ASK with RSK there too, but so far it shows that at least their short term operational results are nowhere near the financial picture painted here by some others, especially not taking into account that compared to same period last year, their fuel costs (and others) are likely going to be much lower too.

Good job, I'd say.

brusselsairlinesfan
Posts: 916
Joined: 29 Mar 2007, 14:44

Re: March statistics of Brussels Airlines out!

Post by brusselsairlinesfan »

It hurts... my best wishes for recovery for brussels airlines & staff... they truly deserve it!

OO-ITR
Posts: 688
Joined: 13 Aug 2011, 18:29

Re: March statistics of Brussels Airlines out!

Post by OO-ITR »

Strange. I vaguely remember someone on this forum claiming SN does not communicate when it comes to negative news ;)

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sn26567
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Joined: 13 Feb 2003, 00:00
Location: Rosières/Rozieren, Belgium
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Re: March statistics of Brussels Airlines out!

Post by sn26567 »

OO-ITR wrote:Strange. I vaguely remember someone on this forum claiming SN does not communicate when it comes to negative news ;)
Only Brussels Airport hasn't yet published March figures.
André
ex Sabena #26567

nordikcam
Posts: 1202
Joined: 24 Aug 2008, 10:22
Location: Uccle

Re: March statistics of Brussels Airlines out!

Post by nordikcam »

January + 14.7 %
February + 15,8 %
March - 19.1 %
I'm sure it will be positive at the end of june !

barnabelg
Posts: 23
Joined: 27 Apr 2016, 11:56

Re: March statistics of Brussels Airlines out!

Post by barnabelg »

nordikcam wrote:I'm sure it will be positive at the end of june !
There are still lots of people with already booked tickets that will have to fly. I'm not so sure that the number of bookings will be so positive with what is happening at BRU now.

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