×
The email you entered is not valid.
Travel

Airlines cancelling flights: what’s the real impact?

Source: https://forwardkeys.com/airlines-cancelling-flights-whats-the-impact/

In recent weeks, news of airlines cancelling flights and images of long queues at European airports have dominated mainstream media, with many travellers reported having missed their flight due to lengthy delays even after check-in. To shed light on how bad the situation really is, ForwardKeys has taken a closer look at air traffic disruption by analysing recent cutbacks in capacity around the world.

ForwardKeys’ analysis began with a comparison of the number of scheduled seats available in July and August, as of 30 May, with the situation six weeks later, on 11 July. The bottom line is a global reduction in capacity of 4%, which equates to 14.3 million seats. The continent worst affected in relative terms is Asia Pacific, which has seen capacity cut by 10%, or 4.6 m seats, followed by Europe – the worst affected in absolute terms – with a capacity reduction of 5%, or 9 m seats. The Americas have lost 2%, 1 m seats. In Africa and the Middle East, capacity is almost unchanged.

Cancelled flights by European destination city

A closer look at Europe reveals that scheduled intra-European seat capacity has seen a reduction of 5% across the continent, with the Netherlands and the UK experiencing the largest reductions, at 8% and 7% respectively. These are followed by Sweden at 7% and Germany at 6%. An analysis of the major European destinations (those with a market share of 2% or greater) reveals that Amsterdam is the capital of air traffic disruption, having experienced a 11% drop in seat capacity for July and August. It is followed by London and Milan, down 8%, Frankfurt, down by 7%, Istanbul down by 6% and then by Copenhagen, Rome and Munich, all down by 5%.

To learn more about the data behind this article and what ForwardKeys has to offer, visit http://forwardkeys.com.

GET WEEKLY ALERTS

Sign up to receive our stories in your inbox.

The email you entered is not valid.

LET US HELP

Data is changing the speed of business. Investors, Corporations, and Governments are buying new, differentiated data to gain visibility make better decisions. Don't fall behind. Let us help.

DATA PROVIDER SPOTLIGHT

Advan

Advan provides hedge funds and institutional investors with unmatched insights into both foot and vehicle traffic to enable better investment decisions. Using precise, manual geofencing, it has the most extensive and accurate location data, available in seconds through an intuitive, self-service dashboard. Its institutional-grade analytics allow fast and actionable insights into customer behavior and corporate activity.

Advan is headquartered in New York City. For more information please visit www.advan.us

GET WEEKLY ALERTS

Sign up to receive our stories in your inbox.

The email you entered is not valid.

LET US HELP

Data is changing the speed of business. Investors, Corporations, and Governments are buying new, differentiated data to gain visibility make better decisions. Don't fall behind. Let us help.

DATA PROVIDER SPOTLIGHT

Advan

Advan provides hedge funds and institutional investors with unmatched insights into both foot and vehicle traffic to enable better investment decisions. Using precise, manual geofencing, it has the most extensive and accurate location data, available in seconds through an intuitive, self-service dashboard. Its institutional-grade analytics allow fast and actionable insights into customer behavior and corporate activity.

Advan is headquartered in New York City. For more information please visit www.advan.us