Wednesday, September 06, 2006

Low cost sector drives global aviation growth

Capacity on low cost airlines has more than doubled in just four years, according to the latest figures released from OAG. This month (September 2006), budget airlines plan to operate more than 46 million seats on over 323,000 flights, compared with 22 million seats on 169,000 flights in September 2002.
Intra-regional growth figures show that the Asia Pacific low cost industry is outperforming the rest of the world and by a significant margin. There are more than 17,000 additional no frills flights offering 2 million seats within the region this month than in September 2005, a rise of 63% year-on-year.
“We can only speculate on the future impact China and India will have on the low cost sector,” says Duncan Alexander, managing director of Business Development at OAG.
“Impressive is India’s fledgling market which has leapt from 600 flights and 28,000 seats in September 2004 to more than 12,000 flights and more than 1.1 million seats in just two years.”
05/09/06 Travel Daily News International, Greece