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7 JULY 2014

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Article from BTNews 7 JULY 2014

OAG July

Airline data company OAG has released worldwide scheduled capacity for July showing 395m seat availability, an increase of 15.7m, or 4% compared to July 2013.  Flights have risen to 2.9m, a rise of 2% compared to last July.

In spite of an alarming escalation of conflict in the Middle East and problems in Ukraine, the industry has remained resilient. 

Fuel prices have dropped over the last week or so but remain 5.7% above this time last year (according to IATA).

Just two regions will see a drop in seats in July. These are to/from Africa where there are 3% fewer than last year.  Capacity within North America will also see a decline of 0.3%.  While capacity to/from Africa has fallen, there is growth within the continent.  Seats within Africa are up by 3% and frequencies by 2%.  Similarly, while capacity within North America has declined fractionally, international markets are performing strongly with both seats and frequencies to/from North America up by 7%. 

By volume of seats, the largest growth continues again to be within Asia/Pacific where the number of scheduled airline seats has grown by 7.8m, or 6.6%, to just under 125m in the month of July.  
www.oag.com

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