HAL is major beneficiary of latest Indian procurement approvals
India has approved millions of dollars in new military purchases, most of which will go to public sector companies.
Frontier and Lynx traffic for December and full-year 2008 announced
Frontier Airlines Holdings has announced preliminary traffic results for December 2008 for both Frontier's mainline operation as well as its wholly-owned subsidiary, Lynx Aviation, which began revenue service in December 2007.
In December 2008, Frontier Airlines reported a load factor of 79.5%, an increase of 6.9 percentage points (pp) over December 2007. Revenue passenger miles (RPMs) decreased 9.7% to 721,217,000 and capacity, in available seat miles (ASMs) was down 17.5% to 907,211,000 from the same period last year. The airline carried 800,609 passengers, a 1.0% decrease from December 2007.
Over the whole of 2008, Frontier carried 10,578,833 revenue passengers, a 2.0% increase over 2007’s figure of 10,367,329. ASMs decreased by 4.1% to 11,977,806,000 from 12,488,923,000, while RPMs rose 0.1% to 9,837,407,000 from 9,823,626,000. This created a load factor increase of 3.4 pp from 78.7% in 2007 to 82.1% in 2008.
Lynx Aviation’s results for December 2008 showed 86,458 revenue passengers carried. The carrier’s RPMs for the month were 30,360,000, with ASMs standing at 47,849,000. The load factor for the month was 63.5%.
In its first full calendar year of operation, Lynx carried 983,666 revenue passengers. ASMs totalled 586,487,000 and RPMs numbered 363,638,000, producing a load factor for the year of 62.0%.
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