VLM announces load factor increases

VLM Airlines has announced performance developments for the six months to the end of March 2016, with its load factor increasing by 7 percentage points during that time, from 37% to 44%.

In October 2015, the airline carried a total of 8,783 passengers. Since then, changes to the schedule and the network including the launch of a new base in Friedrichshafen with flights to Berlin, Dusseldorf and Hamburg saw the number of passengers carried in March 2016 reach 13,585.

Early April data is currently underlining this improving trend with a further improvement in load factors in the first week to 50% with the forecast for April being a further record 14,000 passengers and a load factor close to 55%. During the first week of April, load factors in the Friedrichshafen system reached 62%. At the same time yields continue to improve across the system as passenger demand increases.

“These figures are encouraging and are reflective of our business plan expectations for the first part of 2016,” declared VLM’s CEO Hamish Davidson. “We continue to review our network performance as we work to deliver greater efficiencies across the business as a whole. We are starting to lay the foundation for the establishment of a solid business model for VLM and I look forward to being able to make further announcements in relation to this over the coming months.”

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