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Last updated on May 26, 2012 at 11:48 EDT

Global Airline Capacity for May Holds Steady, Reports OAG

May 20, 2009
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LONDON, May 20 /PRNewswire-FirstCall/ — Despite fears of the potential
impact of the swine flu virus, statistics from OAG
(http://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 (
http://www.oagaviation.com/aviation-reports/reports-facts-0509.htm ).

OAG, part of UBM Aviation (http://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 (http://www.unitedbusinessmedia.com
)

SOURCE UBM Aviation


Source: newswire