Lufthansa Group sees loads drop two points in 2011

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Lufthansa Group has recorded a 7% year-on-year increase in traffic for 2011 on a 9.8% growth in capacity, leading to a two percentage point decline in load factor to 77.2%.

The total number of passengers carried by the group grew 7.5% to 106.3 million, compared with 2010.

On the cargo side, traffic grew 5% against a capacity growth of 8.6%. Cargo load factor fell 1.4 percentage points to 69.5%.

The results include the traffic figures of BMI, which was recently acquired by International Airlines Group. BMI registered the steepest drop in load factor of the group, down 4.6 percentage points to 67.1%.

The only carrier in the group to report a rise in load factor was Germanwings, where loads were up one percentage point at 78.2%.

Lufthansa Group said that in light of "ongoing economic uncertainty" it expects to achieve "low-level" capacity growth of 3% in 2012.