Up In The Air

Up In The Air

8. July 2021

Oh, the places we will go…

After a slow but steady uptake in the first half-year, we can see continuous progress with some ups and downs but still some noticeable improvement.

  • Prices are going up, getting closer to 2019 levels, with some variations between regions.
  • Revenues remain much below pre-pandemic levels, on average 68% below 2019 records in the same week, but are increasing, nonetheless.
  • Flights scheduled and flown also remain below, on average, 25% below 2019 records in the same week, still reaching new heights compared to the last 18 months.

Chart 1 – Operating Statistics year-over-year 2021 Vs 2019 globally

 

Chart 2 – Operating Statistics year-over-year 2021 Vs 2019 from the Americas to the world

 

While the road to recovery is still very much in front of us, there are still positive signs to acknowledge, particularly in the Americas but not only. For a few weeks, indeed, the Americas have been leading the recovery path for flights flown and scheduled. We are now thrilled to see APAC and EMEA accelerating too.

Chart 3 – Flights flown and scheduled from the Americas to the world

 

Chart 4 – Flights flown and scheduled globally

 

Two weeks before departure, schedule changes are also showing positive signs, with levels close to 2019 recorded for the Americas. However, in the Asia Pacific, the trends are going up again, getting closer to 2020 trends than 2019.

Chart 5 – Schedule changes two weeks before departure for flights from the Americas to the world

 

Chart 6 – Schedule changes two weeks before departure for flights from the Asia Pacific to the world

 

As we enter the second half of 2021, we foresee and hope trends will continue to go up, showing even more signs of improvement. We cannot wait to see the places we’ll go to, and in the meantime, we will keep an eye on them closely and invite you to do the same; thanks for our free insights, updated monthly, available here.

And if you wanted to run your analysis, we encourage you to learn more about the solution behind those insights Market Trends and ask for a demo.