“Capital follows confidence” as defence courts private money
Outside investment and the direction in which venture money flows may reveal what defence will buy years before formal programmes begin.
December and full-year 2009 traffic announced for American Eagle and Executive Airlines
American Eagle Airlines has reported December 2009 and full calendar year traffic figures for itself and its wholly-owned subsidiary, Executive Airlines.
In December, American Eagle itself generated 581,732,000 revenue passenger miles (RPMs), a 7.2% increase on December 2008’s 542,624,000. Available seat miles recorded went up by 6.2% to 802,558,000 from 755,989,000 for the respective periods.
This resulted in a slight rise of 0.7 percentage points (pp) in Eagle’s load factor, up to 72.5% from 71.8%. The number of passengers boarded in December was 1,296,631, a 7.8% increase on the 1,203,115 carried in 2008.
Executive Airlines recorded 45,300,000 RPMs in December compared with 45,587,000 in December 2008, a 0.6% decrease. ASMs dropped by 1.0% to 80,529,000 from 81,320,000.
The load factor rose by 0.2 pp to 56.3% from 56.1% in December 2008, while passengers boarded numbered 230,713, up 5.7% from 218,211.
For the whole of 2009, American Eagle generated 7,145,639,000 RPMs, 3.2% down on 2008’s 7,382,935,000, while ASMs fell 5.4% to 9,809,580,000 from 10,369,728,000.
The full year load factor for Eagle was 72.8%, up 1.6 pp from 2008’s figure of 71.2%, with the airline carrying 16,012,967 passengers compared with 16,558,248 in 2008, a 3.3% decrease.
In 2009, Executive Airlines recorded 544,747,000 RPMs, slightly down – by 0.4% – from 2008’s 542,444,000. ASMs were up by 2.8% at 947,616,000 from 922,117,000.
These figures resulted in an annual load factor of 57.5%, down 1.3 pp from the 58.8% recorded for 2008. Passengers carried in 2009 totalled 2,735,866, an increase of 7.5% year-on-year over 2008’s figure of 2,544,835.
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