Aviation

2011 Ends on a Positive Note Capacity, Economy Loom as Issues in 2012

by Jarkko on February 3, 2012

in Aviation

The International Air Transport Association (IATA) reported that full year 2011 passenger demand rose 5.9% compared to 2010, in line with long-term growth trends. In contrast, cargo markets contracted by 0.7% for the year; but recorded positive demand growth in December of 0.2%. Growth in demand lagged capacity increases at 6.3% (passenger) and 4.1% (cargo) [...]

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Air Transport Market Analysis

February 3, 2012

Air freight markets turned up at the end of 2011, with year-on-year growth in FTKs worldwide at 0.2% in December; Air travel also rose in December to a level 5.4% higher than the same month in the previous year, although the trend since mid-year has slowed; During the year as a whole, passenger travel markets [...]

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Airlines Financial Monitor

February 2, 2012

Airlines share prices rallied at year-end, but remain 30% down on the start of 2011. Financial markets continue to expect further downward pressure on airline profits; Airline profits worldwide in Q4 were down 55% on last year, but North American airlines in contrast to other regions improved performance; Cargo volumes appeared to stabilize at year-end, [...]

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Flight accident compensation claims

January 31, 2012

Of all potential accidents, airplane ones are amongst those that people least want to consider might happen to them; after all when it comes to flight related accidents, the majority will think of catastrophic scenarios such as plane crashes and collisions. However flight accidents can just as easily mean comparatively minor incidents such as falls, [...]

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Premium travel trending downward

January 20, 2012

The number of passengers travelling on premium seats increased slightly in November, by 0.6% compared to October; However, the level of premium travel has trended downwards, and is 2.6% lower than in May 2011 – the peak for the year; Economy class travel contracted in November, down 1.1% from October, but this is yet to [...]

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Alaska Airlines and Horizon Air Operating Limited Schedules In Seattle

January 20, 2012

Freezing rain and snow continue to affect Alaska Airlines and Horizon Air operations, which forced the carriers to cancel 310 flights to and from Seattle by early evening affecting 29,000 passengers. Only 15 of Alaska’s 114 daily flights and one Horizon flight had departed Seattle by that time as the region was hit by an [...]

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ARC Reports Lowest-Priced Air Tickets are Purchased Six Weeks Before Flight

January 18, 2012

ARC announced today that based on research into the purchase price of airline tickets in 2011, airline passengers acquired the least expensive airfares six weeks in advance of their flights. At that point during any given 120-day advance purchase period throughout 2011, flyers paid 5.8 percent below the year’s average fare of $358.30. ARC determined [...]

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UATP Announces New Records for 2011

January 13, 2012

Commenting on the record year, UATP CEO Ralph Kaiser stated, “UATP bounced back from challenging times in 2009 and prospered in 2010. During 2011, through the resurgence of corporate travel and UATP’s product diversity, including its new DataStream product suite, we have grown in every aspect of our business. In fact, we are so optimistic [...]

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