22 AUGUST 2022
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According to OAG, the Luton-based airline database analyst, Western Europe rules the world...at least for a few weeks.North America is now at 90% of the 2019 levels and Western Europe at 88%.
Weekly airline capacity is 102.4m seats but dramatically Western Europe is now the largest regional market overtaking North America and holding first place in the global rankings. This is an “enjoy it while you can” moment for Western Europe as this is a function of the different school holiday seasons in each market. Come September normal service will be resumed.
Unlike figures published by the airlines OAG works on actual seat capacity and leaves it to others to produce load factors.
Three months forward-looking airline capacity also remains stable. Through to the end of October 4.1m seats have been adjusted out of the airline schedules, but that represents a 0.4% reduction in capacity – a similar proportion to the last few months.
Even in China there is ‘positive’ news with more international flights starting to London and other European destinations last week (see BTN last week UK Chinese flights) but it is way short of the previous 80 flights a week to the UK.
www.oag.com
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