LIAT has announced strong network performance figures, in terms of passenger numbers, revenue and yield, when comparing figures for July 2015 versus the same period in 2014.
Average load factors for the month of July were just under 76 percent.
Revenue per available seat mile, a key aviation performance indicator, has shown growth of 16 percent in the past year.
The airline’s positive performance has resulted in the best month for LIAT in recent years with a net profit declared in July 2015.
The highlights which have contributed to this strong performance include:
· The Barbados-Guyana route which saw strong growth in both revenue and passenger numbers versus July 2014
· Antigua-Dominica, Barbados-St Vincent and Tortola-St Maarten routes also performed well and showed impressive growth
· Of the 17 destinations served by LIAT, the top five destinations with the biggest increase in passenger arrivals were:
o Guyana arrivals increased by 62 percent
o Tortola saw growth of 32 percent in passenger arrivals
o Barbados with arrivals increasing by 15 percent
o St Maarten arrivals increased by 15 percent year on year, and
o Antigua saw steady growth of 9 percent
The best performing route for LIAT was Barbados-Guyana which nearly doubled its revenue year on year, followed by Tortola-St Maarten which generated an additional 57 percent of revenue year on year.
The new non-stop routes which were launched in mid-July are already developing well, with load factors on all routes averaging over 73 percent, and showing positive trends. This steady performance is expected to continue over the rest of the Summer. The highest load factors were on the new Barbados-Trinidad and Barbados-Guyana nonstop services, achieving well over 80 percent, and the highest yielding route was Tortola-San Juan.
This strong performance has been coupled with a growth of 8 percent in daily aircraft utilisation, which is the measure of hours flown daily by LIAT’s ATR fleet.
What is the issue? Dominica is not in the picture, so also is St. Vincent, Grenada,St. Lucia. It all has to do with passenger volume moving in and out of Dominica. Hats off to LIAT!!!
Give us the statistics on Dominica, especially now that we have night landings!
Oh, sorry; my mistake, since we have international flights taking off all day and all night, and landing all day and all night, that took away and filled a gap for LIAT, hence we saw no increase, or decrease in activity into and out of the island by LIAT.
Gonzalez say hide the statistics relating to Dominica.
All of you guys keep going on about Dominica. The figures are in and Dominica is not in the picture. So what does that tell you?
As a businessperson would you channel your resources in a place where you get the smallest bang for your buck?
We all love Dominica but we also need to be realistic.
I would love to see the performance figures on the routes to and from Dominica. This would tell us a lot. I would also like to see performance figures that remained the same, year-to-year and those that declined.
Finally, some good news from LIAT. Next step, customer service. If they improve that too we can expect further financial growth. I would like to see performance figures on the Dominica routes, in particular St. Maarten-Dominica and Dominica – St. Juan. Well done LIAT.
It boils down to management. Hats off to the management team and staff of liat not forgetting the passengers who fly on liat.
Liat has still much more to be done,why cant their be more direct flights to Dominica,instead of transiting in ANTIGUA?
Grell, I would like that too and I’m sure would be many others but |I’m afraid we just can’t give them the load factors, we still do not generate enough traffic.