Rheinmetall reports “boom” as results hit new records with orders for vehicles, ammunition and weapons
Rheinmetall is riding high as Europe scrambles to boost its defence forces and replenish spent stockpiles sent to Ukraine.
Southwest Airlines has released its December 2009 traffic figures along with those for the whole of last year.
The company flew 5,970,666,000 revenue passenger miles (RPMs) in December 2009, a 3.0% increase from the 5,794,390,000 RPMs flown in December 2008. Available seat miles (ASMs) decreased 5.8% to 7,832,819,000 from the December 2008 level of 8,318,347,000.
The load factor for the month was 76.2%, a considerable 6.5 percentage point rise compared with 69.7% for the same period last year. For December 2009, passenger revenue per ASM (RASM) is estimated to have increased in the seven percent range as compared to December 2008.
Revenue passengers carried in December numbered 7,032,357, 3.7% up on December 2008’s total of 6,778,951.
For the year ended 31 December 2009, Southwest flew 74,456,719,000 RPMs, compared to 73,491,687,000 for the same period in 2008, an increase of 1.3%. ASMs decreased 5.1% to 98,001,621,000 from the 2008 level of 103,271,343,000. The full year load factor was 76.0%, compared to 71.2% for 2008, a 4.8 pp rise.
Southwest carried 86,305,366 revenue passengers last year, a 2.5% decrease from 2008’s total of 88,529,234.
Rheinmetall is riding high as Europe scrambles to boost its defence forces and replenish spent stockpiles sent to Ukraine.
The forecast came as the Italian firm presented its new 2025–29 industrial plan to analysts, with its future figures bolstered by the European increase in defence spending.
Speaking before a committee on European affairs, the speakers addressed recent developments following an eventful few days. During this period, the UK pushed for increased support for Ukraine, while the EU eased budget constraints to allow for greater defence spending. Meanwhile, across the Atlantic, US President Donald Trump introduced tariffs that could impact the defence industry.
NATO and other Western countries had been singing from the same song sheet since the full-scale invasion of Ukraine by Russia three years ago but the alliance has been weakened as the new US administration under President Donald Trump pauses military aid to Ukraine.
Since the release of Ireland’s Commission on the Defence Forces (CoDF) report two years ago there have been whisperings about the potential of Ireland buying fighter jets, one of the most ambitious recommendations. The prospect has now inched closer.
UK Prime Minister Keir Starmer raises defence spending, while both NATO and President Trump demand significant further increases.