Skip to main content

simpleflying: Western Europe Has Seen The Biggest Global Capacity Drop

simpleflying: Western Europe Has Seen The Biggest Global Capacity Drop

pink arrow neon sign
According to the latest OAG update dated 13th of April, around five million scheduled seats for the coming week have been removed by airlines globally. This is the lowest weekly capacity-cut since the 16th of March. One of the prime reasons behind this trend might be related to the current capacity reaching a minimum operational threshold. In total, around 58 million scheduled seats have been removed by airlines in the last four weeks. Western Europe has shown the largest capacity drop, while China shows signs of improvement.

Changes in numbers

Comparing current airline capacity to the scheduled capacity in the week starting 20th January gives us a representation of the effects of coronavirus. Region-wise, Europe, Southwest-Pacific, and Lower South America have shown the most considerable decline.
An area-wise reduction in scheduled capacity is as follows:
  • Western Europe: –90.7%
  • Southwest-Pacific: -89.7%
  • Latin America/Upper South America: -71.3%
  • North America: -62.2%
  • Middle-East, South, and South-East Asia: -67%
  • North-East Asia: -52.9%
  • Eastern/Central Europe: -65.9%
The current airline seat offering in Western Europe is said to be less than 15% of what it was a year ago. The main factor behind these numbers has to do with the massive number of flight cancellations since the 31st of March.
Looking at the current trends, it’s not easy to predict how and when normal capacity will resume. However, it is pretty evident that domestic seats will be much more easily restored compared to international seats.
Initially, domestic seats constituted a 61% share in total airline capacity. After the coronavirus crisis, the number has risen to 85%. This is clearly due to increasing travel restrictions and plummeting international travel demand, which has led to a fall of 88% in international capacity since mid-January.

Labels

Labels:

Comments

Post a Comment

Popular posts from this blog

Who expands commercial vehicle battery business in Europe?

Who expands commercial vehicle battery business in Europe? The Chinese battery giant CATL has just signed a deal to provide VDL Bus & Coach with its high energy density battery system based on its standardized LFP-CTP (Cell to Pack) product platform. Furthermore, CATL appointed Quantron as its authorized sales and service partner for commercial vehicles and industrial applications in Europe. Firstly to CATL SME business in Europe: As an importer, Quantron is now authorised to supply batteries in Europe as a dealer for CATL. The German company specialises in the electrification of commercial vehicles and is now responsible for CATL battery sales and after-sales partner for commercial vehicles and industrial applications. Quantron will also rely on CATL batteries for its own retrofits in the future. According to CATL, its cooperation with Quantron is not intended to reach large OEMs – the Chinese company will continue to do this business directly. Such a deal has just bee...
Post a Comment
Read more

EU could finance €1.5 trillion recovery fund with bonds: Dombrovskis - Euractiv

EU could finance €1.5 trillion recovery fund with bonds: Dombrovskis - Euractiv The European Union could finance a recovery fund worth up to €1.5 trillion with bonds guaranteed by member states, European Commission Vice President Valdis Dombrovskis told German newspaper Handelsblatt. EU finance ministers last week agreed on a package of measures worth half a trillion euros to cushion the blow of the coronavirus pandemic but left unresolved the most contentious question of how to share the financial burden. The ministers also kicked into the long grass the question of how to pay for a temporary recovery fund for Europe because it goes to the heart of a disagreement over jointly issued debt. Asked about the possibility of financing such a fund with bonds amounting to up to 1.5 trillion euros, Dombrovskis said in an interview with Handelsblatt published Tuesday (14 April): “I could imagine such a financial framework. But nothing has been decided yet.” He said the recovery f...
Post a Comment
Read more

France is latest to unveil lockdown exit

France is latest to unveil lockdown exit More than half of humanity is under some sort of lockdown to stem the spread of the deadly pandemic, which has tipped economies toward a bruising global downturn. Over three million people are now infected worldwide and more than 211,000 have been killed since the virus first emerged in China late last year.  France said on Tuesday that shops, markets and some schools could reopen next month, the latest country to ease coronavirus restrictions as nations tread a fine line between allowing stalled economies to recover while staving off a new contagion. In France, Prime Minister Edouard Phillipe said would begin to be eased from May 11 -- some shops and markets could resume business, and primary schools and daycare centres would reopen gradually.  Face masks will be required on public transport, he said, and work-from-home orders will stay in place for several more weeks.  Meanwhile, Russia will consider a gradual e...
Post a Comment
Read more