eTravel Blackboard -
The travel retail community is asking the somewhat premature question as to the timing of a possible demand upturn in airline industry traffic growth.
Another question being asked which presents no immediate answer is when the downward slope in demand will level off.
The latest data received by the aviation industry gives no help whatsoever in answering the latter question which makes the future of the airline sector all the more difficult to forecast.
A key indicator in reporting airline demand each month is the comparison of the actuals for that month with the most recent forecast.
Actual data for August is slowly massing with just 212 airports having so far declared. These airports which are predominantly European reveal a zero percentage pax increase on last year.
The comparison indicator is a latest August forecast of 2.4% for those specific airports which account for almost a third of the expected traffic.
Neither is there comfort to be found in the fact that the zero percentage recorded for August was down on the 0.3% for July, especially when it is recalled that generally the better performing airports declare earliest in the month and as the week count rises, the numbers fade. More > >