SN Brussels Airlines' Loadfactor

[Avro]

Don't worry you didn't disturbed my work at all.

Thanks for the congrats, BTW only have 1909 to go

CIao
Chris
8)

[L-1011]

fftopic:
Another one with 2000 posts
congrats my brother
:mexwave:

You should now be in the A380-extended capacity category

ciao,
TriStar :jumpy:

[vflies]

Hello,

Am I right to assume that the load factor actually tells the percentage of occupied seats on a flight?
Then here's my question : do those load factors include passengers who bought their ticket from a code-share partner?
If that is the case load factor numbers on SN would be VERY far from showing the revenues SN can expect...
I believe that many SN flights are filled by BA, AZ, IB... (long, long list) passengers.

Chris, could you maybe elaborate on this for me?
Thanks.

VFlies

[Avro]

Am I right to assume that the load factor actually tells the percentage of occupied seats on a flight?

Yep you're right about that .

Chris, could you maybe elaborate on this for me?

I'll do my best to find out the answers of the other questions.

Ciao
Chris
8)

[vflies]

Thanks, Chris

[Avro]

OK Here is the first table that shows the evolution of the loadfactor of SNBA during the year 2002 and 2003.



SNBA improved on an average base its loadfactor by 10.59% each month compared to the same month during 2002.

Let's hope they'll be able to maintain a good growth, even if it'll probably be less next year.

@ VFlies, I don't have any answers yet
Maybe someone on this Forum can help you

Ciao
Chris
8)

[vflies]

VFlies, I don't have any answers yet
Maybe someone on this Forum can help you

That's okay, Chris.
Thank you for looking into it already, I appreciate that.
I also believe you got my point. Basically : let's not get too excited about good LF numbers, as the revenues don't follow the same growth lines...

VFlies

[Avro]

I also believe you got my point. Basically : let's not get too excited about good LF numbers, as the revenues don't follow the same growth lines...

I agree with you on the fact that the LF doesn't really say the amount of money the company makes, since it doesn't say how many business pax travelled and the average prize of the tickets that were sold.

BUT since it's the only information that is available for us, it's the only way we can "assume" how SNBA is doing. What I want to say, is that the LF's will give you an tendency of the profit or not a company makes. If the loads are really bad you can be sure the company won't make money and vice versa. I hope you see what I mean ?

Ciao
Chris
8)

[sn26567]

I agree with you on the fact that the LF doesn't really say the amount of money the company makes, since it doesn't say how many business pax travelled and the average prize of the tickets that were sold.

BUT since it's the only information that is available for us, it's the only way we can "assume" how SNBA is doing.

Chris, there is another source of information: the press releases about quarterly results. I agree that DAT (because that's the official name of the company) has not yet adopted a policy of full transparency, e.g. for the first quarter of this year. But when things go well, or at least, better, than we can expect improved transparency.

[vflies]

So, if I read you correctly, André, SNba only communicates when there's good news... that sounds more like advertising than communication to me!

As you might also have read in another thread, I would warn you against those quaterly results. It is VERY easy to influence your results on a quaterly balance sheet in order to give investors a better (or worse, sometimes useful too!) vision of the reality...

VFlies

[sn26567]

Vance, you correctly translated my opinion. Now DAT has no obligation whatsoever to the general public, since it is a privately held company. As long as the shareholders and the National Bank (once a year) are correctly informed, it is OK according to the Belgian law.

[OO-VEX]

Hello,

there is already a news-article about the new AEA figures of November ( https://www.aviation24.be/modules.php?name ... e&sid=3012) in the latest news section, but compared with the other loadfactors it gives a better overview:

01/2002....35.2................01/2003....49.3 +13.9%
02.............41.5................02............50.1 +8.6%
03.............44.7................03............51.2 +6.5%
04.............42.7................04............54.2 +11.5%
05.............39.3................05............52.7 +13.4%
06.............47.8................06............57.0 +9.2%
07.............56.1................07............67.3 +11.3%
08.............56.0................08............69.6 +13.6%
09.............53.9................09............61.4 +7.5%
10.............49.5................10............59.9 +10.4%
11.............45.1................11............56.8 +11.7%
12.............51.7

OO-VEX

[sn26567]

Thanks, OO-VEX, for taking over the SN load factor statistics while Avro is on vacation.

[Avro]

As always SNBA mlanaged to improve the Loadfactor in comparision with the same month of 2002

And as André allready said thanks OO-VEX for completing my statistics while I was away

Ciao
Chris
8)

[Jense]

Like on the radio...:
als je vliegt, vlieg je met SN BRUSSELS AIRLINES
en als je niet vliegt, tja, dan nie hé...

I hope that they may have a nice year...

greettzzz

[Avro]

Here's the new updated table that compares the LF of SNBA throughout the years. Let's see how they'll improve in 2004


01/2002....35.2.................01/2003....49.3 +13.9% ................01/2004
02.............41.5................02............50.1 +8.6%
03.............44.7................03............51.2 +6.5%
04.............42.7................04............54.2 +11.5%
05.............39.3................05............52.7 +13.4%
06.............47.8................06............57.0 +9.2%
07.............56.1................07............67.3 +11.3%
08.............56.0................08............69.6 +13.6%
09.............53.9................09............61.4 +7.5%
10.............49.5................10............59.9 +10.4%
11.............45.1................11............56.8 +11.7%
12.............51.7................12............59.4 +7.7%

Regards
Chris 8)

[sabena4ever]

Here's the new updated table that compares the LF of SNBA throughout the years. Let's see how they'll improve in 2004


01/2002....35.2.................01/2003....49.3 +13.9% ................01/2004
02.............41.5................02............50.1 +8.6%
03.............44.7................03............51.2 +6.5%
04.............42.7................04............54.2 +11.5%
05.............39.3................05............52.7 +13.4%
06.............47.8................06............57.0 +9.2%
07.............56.1................07............67.3 +11.3%
08.............56.0................08............69.6 +13.6%
09.............53.9................09............61.4 +7.5%
10.............49.5................10............59.9 +10.4%
11.............45.1................11............56.8 +11.7%
12.............51.7................12............59.4 +7.7%

Regards
Chris 8)

And the load factor 2003 is 57,6%

First KLM 79,3
2. Lufthansa 77,8
3. Virgin Atlantic 75,6
4. Air France 75,3
5. Ibéria 75
27 SNBA 57,6

have a nice day

[L-1011]

SNBA is really not doing bad. With such a "low" loadfactor they manage to almost break-even, while at the same time other carriers with higher LF's are struggling.
Way to go SNBA

ciao,
TriStar

[Avro]

Yeah but let's just hope they'll be able to climb up in the ranking (against other companies) in the coming years.

Ciao
Chris
8)

[Jumbolino]

and what we learn from the statistics ? Load factor isn't all ! a clever management IS the right thing !