Horizon Air reported a decrease in load factor to 69.5% in March 2009, compared to 73.8% in March 2008.
This figure resulted from a 15.9% decline in capacity compared to the prior-year period – 275 million available seats miles (ASMs) versus 327 million ASMs. Revenue passenger miles (RPMs) fell by 20.7% to 191 million in March 2009 from 241 million in March last year. Revenue passengers carried also fell, by 15.3% to 558,000 from 659,000 year-on-year.
In the first quarter of 2009 (1Q09), the load factor decreased by 3.3 percentage points from 69.9% in 1Q08 to 66.6%. RPMs fell to 524 million in 1Q09 from 658 million the the respective quarter last year, a 20.4% drop. ASMs declined by 16.5% for the respective periods, standing at 787 million in 1Q09 against 942 million in 1Q08.
The main obstacles to overcoming risks in the region are a lack of a strong cybersecurity culture and inadequate funds to invest in this domain given a widespread Chinese presence in the region.
MBDA is adapting to supply chain pressures as the Russian invasion of Ukraine leads to increased demand for armaments.
Despite the additional funding promised this week, the UK armed forces still look set to face cutbacks, and maintaining international commitments to AUKUS and GCAP may limit the options for other programmes.
This week on the Shephard Defence Podcast, senior naval reporter Harry Lye and military training & simulation reporter Norbert Neumann chat with Professor John Louth.
Although the Pentagon claims that current systems can detect this type of threat, it has confirmed that measures will be taken in order to maintain the US's edge over its adversaries.
The UK and France aim to deliver a new cruise missile in 2030 as part of the MBDA-led Future Cruise/Anti-Ship Weapon (FC/ASW) project.
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