August 2009 Second Highest RGP Month End Record to Date
Aruba Airport Authority N.V. (AAA) continues to see positive growth in passenger traffic for the month of August 2009 amidst continued economic turmoil and uncertainty in demand for travel. Revenue Generating Passengers (RGP) at AAA during the month of August 2009 was up by 1.7% whilst the amount of commercial flights has decreased by -1.3% compared to the same month in 2008. Interestingly the RGP results for August 2008 were 4.9% higher than August 2007, a record breaking year, making these results the best for the month of August on record at AAA. In addition, August 2009 RGP results clock in second to March 2008 as the largest amount of RGP obtained in a single month.The North American PFC market grew slightly by 0.5% compared to August. The European PFC market grew by a staggering 24.9% compared to August 2008 with Martinair transporting 8.9% more passengers than KLM during the same period in 2008.
Flights from the European market grew by 28.3% compared to August 2008 and are mainly attributed to the increase in flights from London Gatwick and Amsterdam. RGP from Latin America decreased by -7.5%. The Venezuelan government’s decision to cancel all charter flights to Aruba and Curacao earlier this year has an effect during the holiday periods. The Netherlands Antilles saw an increase in PFC of 7.1% compared to August.
“The results of August 2009 are a clear indication that there is a continued positive change in our results since the second quarter” said Peter Steinmetz, Managing Director AAA N.V. “as we mentioned last month, there is still no indication as to the end of the economic turmoil and travel demand remains unpredictable. September will prove challenging as typically there is a decrease in travel after the US Labor Day Holiday weekend. AAA N.V. remains focused on retention of air service and minimizing the impact of the economic downturn. Our relationship with our valued airline partners remains the cornerstone of our success.”
Flights from the European market grew by 28.3% compared to August 2008 and are mainly attributed to the increase in flights from London Gatwick and Amsterdam. RGP from Latin America decreased by -7.5%. The Venezuelan government’s decision to cancel all charter flights to Aruba and Curacao earlier this year has an effect during the holiday periods. The Netherlands Antilles saw an increase in PFC of 7.1% compared to August.
“The results of August 2009 are a clear indication that there is a continued positive change in our results since the second quarter” said Peter Steinmetz, Managing Director AAA N.V. “as we mentioned last month, there is still no indication as to the end of the economic turmoil and travel demand remains unpredictable. September will prove challenging as typically there is a decrease in travel after the US Labor Day Holiday weekend. AAA N.V. remains focused on retention of air service and minimizing the impact of the economic downturn. Our relationship with our valued airline partners remains the cornerstone of our success.”
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