Prne
May 19th, 2009
LONDON - Year on Year Decline has not Accelerated; 5% Fewer Flights and 2.7% Fewer Seats
LONDON, May 20 /PRNewswire/ –
Despite fears of the potential impact of the swine flu virus, statistics from OAG (www.oagaviation.com), the world’s leading aviation data business, reveal the year-on-year decline in global airline capacity has not accelerated for May 2009 compared to figures for April when the outbreak began. The world’s airlines have scheduled 5% (127,000) fewer flights for May 2009 compared with the same month last year, with a 2.7% drop in seat capacity of 8.3 million fewer seats. Last month, the year-on-year global frequency and capacity figures were down by 5.5% and 3% respectively. The total number of flights scheduled to operate worldwide this month is 2.43 million, offering 298.6 million seats to travelers around the globe.
David Beckerman, vice president OAG Market Intelligence, said, “The airline community is understandably cautious, especially with memories of the devastating effect which the SARS virus had on the airline industry in 2003. So far, our figures are not showing a dramatic downturn in seat capacity; however that’s not to say that airlines and passengers are complacent - far from it. We will need to wait a while until we can see some clear trends and gain some perspective on the situation.”
The figures are revealed in the May 2009 edition of OAG FACTS (Frequency & Capacity Trend Statistics), the dynamic monthly market intelligence tool providing the latest data on current passenger airline activity around the world.
This is the tenth successive month of declines in airline capacity; however the rate of decline is showing signs of flattening, after a dramatic downturn in February this year. Global capacity reductions have remained at 3% for the last 3 months compared to figures for the same months in 2008.
At a regional level, OAG statistics for May show the trends of recent months continuing. The only region with worsening airline seat capacity figures compared to those reported last month is Asia Pacific, although the difference is slight.
OAG FACTS uses interactive graphs to display a visual trend of the performance of a specific airport, route, country or region from 2001 onwards, sourced from OAG’s consolidated database of global airline schedules. A more detailed review of this month’s OAG FACTS statistics with illustrative charts and graphs is available here ( www.oagaviation.com/aviation-reports/reports-facts-0509.htm ).
OAG, part of UBM Aviation (www.ubmaviation.com), provides essential aviation workflow data and analytics sourced from its comprehensive proprietary airline schedules, fleet and MRO databases. UBM Aviation is a division of United Business Media Limited (www.unitedbusinessmedia.com )
LONDON, May 20 /PRNewswire/ –
Source: UBM Aviation
For media enquiries and a copy of the full Executive Summary with charts as a Word document, please contact: Alison Pickering, Corporate Communications, UBM Aviation, alison.pickering at ubmaviation.com +44(0)1582-695477.
Filed under Air Freight, Airlines / Aviation, Auto and Transportation, Business, Leisure, Surveys / Polls / Research, Travel | Tags: London, Swine flu, UBM Aviation, United Kingdom | Comment Below
Related Press Releases Global Airline Capacity Shows Positive Growth For The Second Consecutive Month, Reports OAG, As September Figures Are ReleasedSeptember 23rd, 2009 CHICAGO -
- Growth of 1.4% compared to September 2008
Global airline capacity for September 2009 is showing positive growth for the second consecutive month, reports OAG, (www.oagaviation.com), the world's leading aviation data business, as it releases its monthly report on trends in the supply of airline flights and seats. The world's airlines have scheduled 296.9 million seats, a rise of 1.4% (4,130,744 more seats) over September 2008 levels. Global Airline Capacity Shows Marginal Growth After a Year of Decline, Reports OAG, as August Figures are ReleasedAugust 17th, 2009 LONDON -
- Growth of 0.2% Compared to August 2008
LONDON, August 18 /PRNewswire/ --
Global airline capacity is showing marginal growth for August 2009, the first month of positive growth for a year, reports OAG, ( www.oagaviation.com), the world's leading aviation data business, as it releases its monthly report on trends in the supply of airline flights and seats. The world's airlines have 314.2 million seats on offer this month, a rise of 0.2% (472,839 more seats) over August 2008 levels. Global Airline Capacity Continues to Stabilise, Reports OAG, as July Figures are ReleasedJuly 13th, 2009 LONDON -
- Decline is Just One Percent Compared to July 2008
One year on since the world's airlines began to curb their seat capacity in the face of global economic pressures, the cutbacks are starting to stabilise with just over 315 million seats on offer this month, a drop of just one percent over July 2008 levels, reports OAG, ( www.oagaviation.com), the world's leading aviation data business, as it releases its monthly report on trends in the supply of airline flights and seats. David Beckerman, vice president OAG Market Intelligence, said,
"Airline capacity is often cited as a barometer of economic confidence. OAG Airline Capacity Outlook for the Next 6 MonthsJune 22nd, 2009 LONDON - Downturn in Flights Most Marked Within Europe; South America set for an Upturn
OAG (www.oagaviation.com) the world's leading aviation data business, has released its airline capacity outlook for the second half of 2009, to identify the projected trend in the global and regional supply of airline flights and seats. The world's airlines will offer 3.67% fewer flights and 2.76% fewer seats than they did a year ago. Global Airline Capacity for June Indicates 'A Glimmer of Economic Confidence', Reports OAGJune 11th, 2009 LONDON - Year on Year Decline Below 3% for First Time Since October 2008
This may be the 11th successive month of cutbacks in global airline schedules; however the rate of decline in seat capacity is lower than at any time since October 2008, reports OAG, (www.oagaviation.com), the world's leading aviation data business, as it releases its monthly report on trends in the supply of airline flights and seats. The world's airlines have scheduled 4% (104,216) fewer flights for June 2009 compared with the same month last year, with a 2% drop in seat capacity of 6.7 million fewer seats. OAG Reports a 3% Drop in Global Airline Capacity of 9 Million Seats for April 2009, With 6% Fewer FlightsApril 26th, 2009 LONDON - European Schedules Down by 8%; Asia Relatively Stable
- Flights and Capacity Within North America Continue to Decline Sharply
- Middle East and Africa Buck the Trend With Healthy Growth in Air Travel
The world's airlines have scheduled 6% fewer flights for April 2009 compared with the same month last year, with a 3% drop in seat capacity, according to the latest statistics from OAG (www.oagaviation.com), the world's leading aviation data business and part of UBM Aviation. This is the ninth successive month of declines, and represents a reduction of more than 136,000 flights and 9 million seats year on year. UK Has Lowest Number of Airline Flights in April Since 2001, According to OAGApril 26th, 2009 LONDON - The UK is experiencing significant cutbacks in airline service, both domestically and internationally, according to the latest statistics from OAG (www.oagaviation.com), the world's leading aviation data business and part of UBM Aviation. Frequencies and capacity within the UK for April are down year on year by 13% and 14% respectively, representing a drop of 5,078 flights and 476,000 seats. Air Valid is Offering the 1st Seat "Pitch" Comparison for 156 Airlines, in Economy ClassApril 22nd, 2009 LONDON - 1st Airline Company Seat "Pitch" Comparison
"Pitch", also known as "seat pitch" is the distance that the airline leaves between two plane seats. It can vary depending on the reservation class and the type of plane offered by the airline for any particular journey. OAG Releases its 10 Year Commercial Aircraft Fleets and Utilization ForecastMarch 29th, 2009 LONDON - Projected 4% Drop in Global Aircraft Utilization in 2009: North America
Worst Affected with 7% Decrease
- Asian Operators' Market Share of Global Utilization to Increase 3% by
2018
- Aircraft Retirements to Peak in 2016 - 2017
In 2009 the average aircraft utilization for the world's commercial fleet
is expected to drop by 4% compared to 2008, according to the latest
Commercial Aircraft Fleets and Utilization Forecast from OAG (
www.oagaviation.com), the world's leading aviation data business. This is revealed in OAG's most recent study of the global MRO
(maintenance, repair and overhaul) service demand projection for the next
decade, developed in partnership with AeroStrategy. Global Airline Capacity and Flight Volumes Continue to Decline, According to OAGMarch 23rd, 2009 LONDON - Eighth Successive Month of Fewer Airline Schedules
- 5% Fewer Flights and 3% Drop in Seat Capacity for March 2009
- Domestic U.S. Continues to Bear the Brunt of the Cutbacks
The world's airlines have scheduled 4.9% fewer flights for March 2009
compared with the same month last year, with a 3.3% drop in seat capacity,
according to the latest statistics from OAG (www.oagaviation.com), the
world's leading aviation data business.
Related News Delta to cut capacity more than expected as declining revenue overtakes merger benefitsJune 11th, 2009 Delta cutting more capacityATLANTA — Delta Air Lines Inc. will shave additional capacity later this year as it warns that more than $6 billion in benefits it expected from lower fuel prices, its merger with Northwest Airlines and previous capacity reductions will be overtaken by declining revenues. A look at airline capacity cutsSeptember 12th, 2009 A look at airline capacity cutsMost major U.S. airlines plan to offer fewer flights this fall than they did a year ago as they adjust to weak demand. Airline traffic continued to drop during summer vacation season as seat supply also fellSeptember 10th, 2009 Airline traffic continues to declineDALLAS — Summer has come and gone without giving much lift to the nation's airlines. The carriers offered fewer flights than a year ago, and they slashed prices to fill even that reduced supply of seats, according to August traffic reports released over the past week. Airlines group says global industry lost over $6 billion in first half, some signs of recoverySeptember 1st, 2009 Airline industry lost over $6 billion in 1st halfGENEVA — Airline companies lost more than $6 billion during the first half of the year due to the economic crisis, even as fresh figures showed some signs of recovery in the passenger and freight business, an industry group said Tuesday. A sample of more than 50 airlines found their losses declined to $2 billion in the second quarter from $4 billion in the first quarter, the International Air Transport Association said, noting that the April-June period is usually a strong one for the industry. Finnair's Asian flights carried 1.3 mn passengers in 2008January 11th, 2009 HELSINKI - Nordic carrier Finnair's traffic grew in 2008 by 10 percent compared with the previous year, with Asian traffic alone growing by 16.5 percent, the airline said. The average revenue per passenger kilometre, however, fell last year by more than four percent due to lower airfares. Finnish carrier Finnair posts 1Q loss of euro19 million on 10 percent fall in revenueApril 28th, 2009 Finnair posts 1Q loss of euro19 millionHELSINKI, — Finnair PLC on Tuesday reported a first-quarter net loss of euro18.6 million ($24.4 million) as turnover fell 10 percent, and warned it expects a full-year loss. The Finnish airline said sales fell to euro516 million ($677 million) in January through March, from euro573 million a year earlier. American Airlines says bookings are down, it's cutting capacity furtherJune 11th, 2009 American Airlines to cut capacity furtherDALLAS — American Airlines said Thursday advance bookings through late summer are down from last year, and it will cut more flights. Chief Executive Gerard Arpey said American would cut its full-year 2009 capacity about 7.5 percent. American Eagle traffic fell 3.1 percent in August, but capacity reductions meant fuller planesSeptember 3rd, 2009 American Eagle traffic fell 3.1 percent in AugustFORT WORTH, Texas — American Eagle, the regional sister carrier to American Airlines, said Thursday that August traffic fell 3.1 percent from a year earlier, but planes were more crowded thanks to fewer flights. The results were slightly better than the 8.1 percent decline in traffic at American. American Airlines says bookings are down, it's cutting capacity and 1,600 jobsJune 12th, 2009 American Airlines to cut capacity, jobsDALLAS — American Airlines said Thursday that advance bookings through late summer are down from last year, and it will cut about 1,600 jobs as it reduces flights to contend with the lower demand. Employees were told of the job cuts in a message Thursday afternoon from a senior executive, who warned that the number could go higher. Delta Air Lines plans to cut more management, administrative jobs; No word on how manyAugust 7th, 2009 Delta will cut more management jobsATLANTA — Delta Air Lines Inc., the world's biggest airline operator, is planning to cut more management and administrative jobs, but isn't saying how many, according to a recorded message and a memo from top executives. Chief Executive Richard Anderson said in a recorded message to employees Thursday that Delta has seen its revenue stream decline by billions of dollars because of the weak economy and the drop-off in demand for air travel.
|
|