Kenya Airways April to June 2012 Operating Results

The company put into the market place capacity totaling 3,363m seat kilometers which was at par with last year’s level. There were compensating changes evidenced in the network with incremental destinations launched to Delhi (India), Jeddah (Saudi Arabia) and Ouagadougou (Burkina Faso) while Europe shrunk due to capacity rationalization and the suspension of Rome flight.

The capacity into Middle East and Far East regions grew by 15%. This was largely due to the introduction of direct flights to Delhi and Jeddah and the deployment of the larger B777 on the Bangkok-Guangzhou and Bangkok-Hong-Kong routes as opposed to B767 used last year. Capacity offered into Europe shrunk by 18.8% compared to the same quarter of prior year due to capacity rationalization occasioned by the Euro zone crisis.

The Northern Africa region grew by 21.2% in capacity owing to the introduction of double dailies to Juba in Southern Sudan on the Embraer aircraft and increased frequency to Djibouti via Addis Ababa. There was also an equipment mix using the larger B737 and Embraer E190 as demand dictated. Capacity into the East African region remained at par with the exception of the Seychelles and Dar-es-Salaam routes that grew by 25% compared to last year. This was mostly due to increased deployment of larger aircraft.

Capacity in Southern Africa region grew by 1.3%. Luanda and Nampula route registered the highest growth. West African region grew by 6.7% mainly from the new circular routes linking Lagos and Accra, Ouagadougou and Dakar and Cotonou and Bamako cities.

On the domestic routes, capacity fell by 5% compared to the same period in the previous year. This was as a result of an aircraft downgrade to Mombasa from the larger B737 aircraft to the smaller Embraer E190. Kisumu registered a 33.6% growth in capacity due to increased frequencies during peak and use of the larger Embraer E190 compared to the E170 used in 2011.

Uptake of total production at 2,203m revenue passenger kilometers was 4.5% below 2011 results. Europe recorded the highest reduction due to the economic challenges facing the Euro zone economies. Northern Africa region led the growth with a record of 28.7% mostly due to Juba double dailies.

The total passenger tally reached 841,238, staying at par with the numbers from the same period in the previous year and resulting in a reduced cabin factor of 65.5% level.

Cargo capacity dropped by 7.6% with a disproportionate decrease in tonnage of 3.9%. Exports from Kenya dropped on account of unfavorable weather patterns in April and market capacity. Volumes from Europe shrunk reflecting the volatile economic conditions.

Passenger uplift to Europe at 89,852 was a decline from last year’s level of 108,835 following the 18.8% capacity reduction. This resulted in a 66.8% seat occupancy level that was marginally better than the previous year’s level of 65.2%.

In the Middle East, Far East and India regions, passenger uplift of 124,056 was at par with the preceding year against a capacity growth of 15.0%. The realized cabin factor fell from 78.3% to 68.1%.
Within Africa but excluding Kenya, passengers uplifted totaled 445,143, indicating a growth of 2.9% on the back of 4.7% capacity growth. The resultant passenger cabin factor of 62.5% was 1.6 percentage points lower than similar period last year.

Passengers uplift within Kenya of 182,187 showed a decline of 1.4%. The resulting cabin factor of 73.2% was above 71.9% achieved last year.

 

Source: www.ratio-magazine.com

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