Airlines worldwide are offering more capacity than at any time in the past five years after adding more seats to midyear flight schedules...
Airlines worldwide are offering more capacity than at any time in the past five years after adding more seats to midyear flight schedules than a year ago. Demand is being driven by low-fare carriers.
Airlines are offering more than 280 million seats this month, compared with 267 million in July 2004, according to figures from the U.K.-based Official Airline Guide, which collects data from more than 1,000 carriers around the world.
Air travel is recovering after the three-year slump brought on by the Sept. 11, 2001, terrorist attacks in the U.S., the war in Iraq and severe acute respiratory syndrome in Asia. Low-cost carriers such as Dublin-based Ryanair and AirAsia, a Kuala Lumpur-based airline operating in southeast Asia, are helping boost demand from passengers.
“The underlying trend of year-on-year growth since 2001 is an indication of steadily increasing airline-industry confidence,” said Duncan Alexander, managing director of business development for the Official Airline Guide.
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Half of the extra 5 million low-fare seats on offer this month are in Europe, representing more than two-thirds of the growth in the region’s overall capacity.
Combined, carriers added 4.5 million seats in Asia this month and 3.9 million in Europe.