BHS (BH Securities a.s.)
Markets  |  March 08, 2013 16:47:48

LEO Express in February reached 45% occupancy


Youngest domestic rail carrier LEO Express said that since the beginning of gradually increasing availability of trains. In February, according to the firm in the top times reached more than 90%, but the average level of 45%. Taking into account the capacity of official data on Stadler trains used, then according to our calculation would average occupancy should reach around 107 passengers.

Since the beginning of November, the company has sold a total of over 130 thousand. tickets and trains have covered a total of 400 thousand. miles. In February alone 160 thousand. miles. Through the Web, according to the report company now sells over 2 thousand. tickets. It also introduced the option of booking through smart phones.

In the coming months LEO Express as communication planning further significant improvements to services and to request a further extension activities on the new routes. In this context, actively negotiates with manufacturers of railway vehicles. Already in November promote subsequent bond company mentioned that it intends gradually to 2015 increase the number of trains from the current 5 to 15

Regarding the aforementioned 5-year bonds with 7.5% coupon worth mentioning that the PSE since the December launch still trading at 95% of face value.  

J.Zendulka

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LEO Express v únoru dosáhl obsazenosti 45 %

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