April 2008 LCC Performance Digest

With the continuing stream of bad aviation industry news, you could be forgiven for imagining that Europe's low-cost carriers are all in crisis. In fact, this is not quite the case. To wit: April's performance stats for Ryanair, Air Berlin, and SkyEurope.

Ryanair's load factor fell 4 percent in April against last April 2007's numbers, from 83 percent to 79 percent, while their passenger numbers rose 15 percent, up to 4.72 million passengers. In offering an explanation for the former stat, Ryanair's press release notes that Easter occurred in March this year, thereby explaining last April's high load factor and, by extension, this April's 4 percent load factor decline. One understands why the airline failed to mention the positive effects of an Easter bump in their March 2008 statistical round-up.

Air Berlin had universally sunny numbers in April, with a 4.5 percent load factor increase (from 74.3 to 78.8 percent) and a 6.5 percent jump in passengers, to 2.24 million. Air Berlin's stats include passengers served on some other airlines, all part of the Air Berlin Group: Belair, LTU, and Luftfahrtgesellschaft Walter.

On its surface, SkyEurope's April performance appears to be the worst of the three. The airline's load factor fell from 82.1 percent to 70.7 percent, while the the number of passengers flown declined 4.7 percent, to 280,000. Note that SkyEurope's press release title erroneously trumpets last April's passenger numbers. Odd. These numbers don't look good. I'm hoping that the changes made by the airline over the last many months will improve their future stats.