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%.
Great Lakes announces December and full 2009 traffic data
Great Lakes Aviation has released its preliminary passenger traffic results for December 2009 and the year ending 31 December 2009.
In December 2009, revenue passenger miles (RPMs) totalled 11,790,000, a 4.3% drop from 12,315,000 in December 2008. Available seat miles (ASMs), however, grew by 0.8% to 31,682,000 from 31,416,000, leading to a 2.0 percentage point fall in the load factor to 37.2% from 39.2% the previous December.
Passengers carried numbered 40,884, compared with December 2008’s 43,576 passengers, a 6.2% decrease. The revenue per ASM (RASM), however, increased by 1.7% to 31.79 cents from 31.26 cents.
For the whole of 2009, RPMs decreased by 13.3% to 134,077,000 from 154,655,000 in 2008, while ASMs grew by 11.2% to 401,068,000 from 360,636,000, creating a 9.5 pp fall in the annual load factor to 33.4% compared with 2008’s figure of 42.9%.
Again, the passengers carried over the period fell, this time by 15.5% to 481,688 compared with 569,844 in the whole of 2008. RASM also decreased year-on-year, by 5.7%, to 29.45 cents from 31.24 cents.
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