JAL capacity cuts lead to rising load factors
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A year after filing for bankruptcy protection, Japan Airlines’ (JAL) international passenger traffic has declined 17.6%. In January 2011, the affects of JAL’s state-run recovery plan are now clearly visible, with capacity having been cut 23.1%, allowing load factors to increase to 74.4%. The carrier’s routes to Oceania were the best performers in January, recording load factors of 83.2% following a 41.6% year-on-year reduction in capacity. Routes to Korea saw load factors of 79.9% after capacity was cut 19.4%. JAL’s Chinese sectors however, were only 55.0% full in January, despite at 27.3% reduction in seat availability. In the domestic market, JAL’s passenger traffic declined 14.8% year-on-year in January, on a 19.7% drop in capacity. Load factors remain low however, averaging just 57.7%.
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