The fact that college students today don’t have the competency to engage in verbal communication preferring text to talking even with the convenience of cell phones now. Let alone they’re growing up in a society that leads them to believe they’re entitled before ever accomplishing anything. I think it’s safe to say it will be hard for the human race to save itself from this problem. I’m glad I still write letters, read actual books on paper, draw with pencil rather than with a mouse…it’s OK to embrace technology but people today are so caught up in useless garbage.
As previously guided, Q1 results were substantially boosted by the presence of Easter in April but not in the prior year comparable. While the H1 outcome remains dependent on close-in Q2 summer bookings, we continue to guide H1 ave. fares down approx. 5% as we grow H1 traffic by almost 11% and checked bag revenue continues to steeply decline. Thanks to the higher Q1 load factors and the completion of our winter ’17 schedule, we are raising our FY18 traffic target to 131m (up 1m on previous guidance). After a difficult winter last year, we expect the pricing environment to remain very competitive into H2 where we will grow traffic by approx. 7%. Yield visibility into H2 is zero and we see no reason at this time to alter our H2 ave. fare guidance of an 8% decline.