LONDON,
June 12 /PRNewswire-FirstCall/ -- This may be the 11th successive
month of cutbacks in global airline schedules; however the rate of decline in
seat capacity is lower than at any time since
October 2008, reports OAG,
(
http://www.oagaviation.com), the world's leading aviation data business, as
it releases its monthly report on trends in the supply of airline flights and
seats.
The world's airlines have scheduled 4% (104,216) fewer flights for June
2009 compared with the same month last year, with a 2% drop in seat capacity
of 6.7 million fewer seats. The total number of flights scheduled to operate
worldwide this month is 2.43 million, offering 297.5 million seats to
travellers around the globe.
Last month, the year-on-year global frequency and capacity figures were
down by 5% and 3% respectively. Global year-on-year capacity reductions had
remained at 3% every month since November 2008, apart from a sharp 7% decline
in February this year. This can be seen in chart format here
(http://www.oagaviation.com/trends-chart.jpg).
David Beckerman, vice president OAG Market Intelligence, said, "As the
Northern Hemisphere begins its summer holiday season, the airline community
is curbing its capacity cuts in anticipation of a welcome boost in air
travel. However, we shouldn't assume that this is the start of recovery and
growth; the outlook remains uncertain and figures are still down
year-on-year, but it does indicate a glimmer of economic confidence."
The figures are revealed in the June 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.
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 -
including information about specific regions, routes and airports with
illustrative charts and graphs - is available to download
(http://www.oagaviation.com/aviation-reports/reports-facts-0609.htm?source
code=34344)
(Due to the length of this URL, it may be necessary to copy and paste
this hyperlink into your Internet browser's URL address field. Remove the
space if one exists.)
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.
Notes to Editors
UBM Aviation is a division of United Business Media Limited
(http://www.unitedbusinessmedia.com)