PKoli wrote:VituVingiSana wrote:KQ price has fallen dramatically to 48/-... In a way not surprising since there was plenty of euphoria after the YES win...
Nevertheless, I have been crunching KQ's 1Q passenger numbers & they look much better than 2009.
The PLF is up which means higher net revenues. The RPK also increased by 9% q-o-q. Of course, all this info will only show up 'financially' in Nov 2010 when they release 1H results.
Is the 2nd Half usually a better than the 1st half one in passenger numbers? That should give a feeling of the expected FY revenue.
Tough to say... There will be some gains from additional fans flying in for World Cup in July (2Q) coz Netherlands (KLM-KQ) was in Finals...
Tourism is picking up & the 'high' season is in 2Q & 3Q...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett