New Zealand boosts defence spend to US$6.6 billion and vows increased closeness with Australia
This budget will be spent over the next four years and nearly doubles the country’s defence spending as part of GDP to 2%.
December 2009 and full-year traffic announced by Republic Airways
Republic Airways Holdings has reported its preliminary passenger traffic results for December 2009 and for the complete calendar year.
The company generated 1,663,649,000 revenue passenger miles (RPMs), a 112.4% increase from 783,375,000 in the same month last year, while available seat miles (ASMs) increased 99.5% to 2,210,590,000 from 1,107,919,000.
Load factor was 75.3% versus 70.7% in December 2008, a 4.6 percentage point rise. A total of 2,534,542 passengers were carried during the month, a 68.1% increase from the figure of 1,507,744 for the same month in 2008. Block hours were 87,394 in December 2009, a 44.1% increase from December 2008.
For calendar year 2009, Republic’s RPMs grew 33% to 12,905,590,000 from 9,700,077,000 in 2008, with ASMs rising to 17,167,382,000 from 13,212,049,000, a 29.9% increase.
The load factor went up by 1.8 pp to 75.2% from 73.4% in 2008, with passengers carried increasing by 22.2% to 23,117,218 from 18,915,618.
Behind the magnitude of this growth are the inclusion of figures for Frontier Airlines and Midwest Airlines following their acquisition during 2009.
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