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Old Jul 31, 11, 11:23 am
  #5  
brunos
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Join Date: Jul 2006
Location: Hong Kong
Programs: FB AF Silver, BA Gold
Posts: 11,490
Originally Posted by Mokshu View Post
Japan market represents a significant share of revenue (sorry can't give figures for AF on Asian market, way more than BA or LH.

Situation has been critical for AF in Africa since the beginning of the year. Not only the unrest in Northern Africa (Tunisia, Egypt, etc.) but also the general situation in countries such as Ivory Coast, which impacted very seriously AF operations (curfew changing every day, area not safe for night stops and crew rests, etc.). AF is still one of the major with the highest presence in Africa, even if A* is catching on very quickly.

A few incidents happened in the middle east that were quite costly : fuel contamination in TLV, curfews in BEY, etc. All the airlines were impacted howowever.
All are valid points.
Regarding Asia, it appears that AF prioritized Japan and, to some extent, China. While SouthEastAsia has been a soft spot (as well as Australia which was booming). No flights to indonesia, malaysia, taiwan and a few other destinations with fast growth. Japan's bet has turned out bad, with Japan's economy a laggard, and now the tsunami hit. China is a complex situation, and it will not be easy now that major Chinese airlines are part of ST.

Let's hope for AF that the quarter is just a "unique" event, but the profitability over the past three years has not been good, to say the least.
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