This February Up 5.9%; Last February Down (10.5%)

2010-03-16
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  • Airline News Resource When the acclamation has faded should the cheerleaders be reminded that February 2010 is (5.3%) off where it was in 2008?

    Stretching the Definition of Recovery in a Confused Market
    When the acclamation has faded should the cheerleaders be reminded that February 2010 is (5.3%) off where it was in 2008?
    This recession has represented an absolute revenue loss to stockholders because traffic is currently 14% points down on where it should be.
    For "recovery" read "better than last year" but still showing signs of fragility.
    Fragility is evident in the February results from US airlines which are down. It is highly visible in Latin America and in European internationals; vide the UK.
    get the latest actuals here
     
    What is Happening in the USA?
      - US airlines go into reverse in February based on almost half of the expected traffic for the month:read more on the USA here
     
    UK Internationals Down in February; Passenger Destinations Explain
      - for the UK as a whole numbers were down by (1.6%) but it is the airports with substantial businesses outside Europe which are doing better: 
    - London's Heathrow is a unique airport exception; read more on LHR here
    - Stansted still struggles to reverse the trend; there is more on STN here
    - Gatwick's new management see a better February; more on LGW here
    - Manchester struggles with its Spanish connection; read more on MAN here

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