6 MAY 2013

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Article from BTNews 6 MAY 2013

Low-cost takes over

OAG’s latest airline capacity data reports that airlines worldwide will see an increase of 2% to flights in May 2013 versus last year, and an increase of 4% to seats.  This means carriers globally will operate 14.7m more seats, equivalent to 475,000 additional seats every day compared to May 2012.  Over half of this growth comes from the Asia/Pacific region.  The market within the Asia/Pacific region continues to see strong growth again this month with an increase of 7% to flights and 8% to seat capacity.

The Luton-based data specialist, now part of Electra Partners, the private equity firm, has used the May issue of its monthly update to highlight the success of Europe’s low-cost carriers (LCC) who have increased capacity by an average of 14% per year over the last decade, compared to 1% by the legacy airlines.

The UK remains the largest LCC market in Europe with 8.8m international sales in May, more than double the seat capacity of 10 years ago.  Second comes Spain, where the LCCs dominate the market accounting for 51% of domestic and 54% of international capacity.  Italy is much the same. www.oag.com

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