Spohr: Eurowings unit costs 30% lower than hub airlines

Eurowings is delivering unit costs of up to 30% lower than its hub airlines, Lufthansa chairman and CE Carsten Spohr said during the group’s financial results conference. “The aviation industry is changing rapidly. The unit costs at Eurowings are already up to 30% lower compared to our hub airlines,” Spohr said. “In addition, we plan to reduce unit costs by a further 10% every year until 2018.” Spohr said load factor was 96% on Eurowings’ long-haul flights in January and 94% in February. “Eurowings attained operational stability on long-haul routes. And we consider securing this operational stability a greater priority than rapid growth.” By the end of the year, Eurowings’ long-haul fleet is expected to grow to 6 A330-200s (wet-leased from SunExpress) and 1 TUIfly Boeing 767-300ER. <br/>
ATW
http://atwonline.com/data-financials/spohr-eurowings-unit-costs-30-lower-hub-airlines
3/17/16