oneworld

Air Berlin reported a bigger Q2 loss of E89.1m as revenue fell on reduced capacity and pressure on ticket prices. The E89.1m loss was down from the E37.5m loss in the same period last year. Revenue for the quarter was E970.6m, down from last year's E1.07b. Load factor fell 0.4 percentage points to 81.6%. “Demand, especially on flights to holiday destinations, suffered from terrorist attacks in Europe and had a major and negative impact on Air Berlin’s financial performance,” CE Stefan Pichler said. “The airline was hit particularly hard by the volatile political situation in traditional holiday destinations of Turkey, Greece and North Africa.”<br/>

American Airlines’ passenger traffic dipped slightly in July compared with a year ago, with the company booking the biggest declines on its trans-Atlantic and Latin America routes, according to data released Tuesday. American’s overall traffic fell 0.3% to 21.8b revenue passenger miles, with declines in its domestic, Latin American and Atlantic service. Those were partially offset by a 28.7% increase in traffic across the Pacific and a 3.9% increase in traffic on the company’s regional airlines. The drop in traffic came as American’s overall capacity, measured in available seat miles, increased by 2.3%. Together, those factors combined to drive down the company’s July load factor by 2.1 to 85.2%, meaning the carrier’s planes were flying less full on average compared with a year ago. American has indicated it will slow down its capacity growth over the second half of this year as increased competition and currency weakness in several key foreign markets puts pressure on the company’s revenues.<br/>