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The financial turmoil has affected booking for long-haul flights, British Airways said, as it revealed that traffic had decreased by 4.8 per cent in September, with a decline in premium passengers of 8.6 per cent. The airline admitted that there was a risk that its full-year revenue forecasts would not be met.
BA, whose shares fell 7.15 per cent to 165.4p, said that the decline had led to a 4.3 percentage point fall in its load factor – a key measure of how full its planes are – to 74 per cent, compared with the same month a year ago.
“Long-haul premium traffic has softened after the summer and bookings are being affected by the increased anxiety in financial markets and by the uncertain economic outlook,” BA said.
Ryanair, the Irish airline, said that it had carried 5.23 million passengers last month, a 20 per cent increase on September 2007. Its aircraft were 84 per cent full in September, compared with 85 per cent 12 months earlier.
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One of the reasons why BA bookings have fallen will be the fact that they are in the process of withdrawing all direct flights to New York from provincial airports - forcing customers to go through Heathrow.Happily there are other airlines still operating direct flights and they now have our custom.
Richard, Ulverston, UK..
As a regular traveller on Ryanair (and Easyjet) I can find very littkle to fault them; It may be a little irritating to find that the 'options' cost more than the basic fares but at the end of the day they are much cheaper and faster than the trains, more relaible and VETRY convenient.
Brian ROSEN, Vienne, France
Nothing wrong with the Irish, Bob. Unless they are jumped up, foul mouthed, megolomaniac airline executives.
The apparent disparity of figures is due to the fleet size increasing (creating more capacity). Ryanair isn't perfect but it will be, for better or worse, survive this. Like a cockroach.
Dan, London,
So lets see - Ryanair says it carried 20% more passengers last month than last year , yet its load factor decreased , it is laying up aircraft at Stansted and its giving away 1 million £1 flights.
It all sounds a bit Irish to me. What chance Ryanair the next to go kaput?
Bob, Essex, England
So airlines are not immune to the ALDi effect either....
Edna Burbridge, Engreve, France