- Passenger numbers: 4.7 million, +1.2%;
- Domestic: 3.3 million, +2.0%;
- International: 1.4 million, -2.0%.
LAX passenger numbers rise slightly in Jan-2011
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Turkish Airlines and Pegasus to take unprecedented capacity decisions as Turkey air traffic slumps
Until 2014 Turkey was one of the most reliably fast-growing air traffic markets in Europe. In 2015 passenger numbers levelled off, and in 2016 traffic is set to decline. The impact of geopolitical events, including a series of terrorist attacks, the civil war in neighbouring Syria and the failed coup attempt in Jul-2016, has weighed heavily on demand for international travel to/from Turkey.
Foreign airlines switched capacity away from Turkey in summer 2016, but the country's two largest operators – Turkish Airlines and Pegasus Airlines – continued to grow. However, following years of double-digit growth by both, Turkish Airlines and Pegasus Airlines are taking unusual steps this winter. According to data from OAG, Turkish looks set to implement year-on-year capacity cuts, while Pegasus appears to be planning flat capacity for the period from Nov-2016 to Mar-2017. It seems likely that both airlines will again cut their growth targets for 2016.
Moreover, Pegasus is seeking wet-lease customers for six of its current fleet of 73 aircraft. Perhaps more significantly, Turkish is to reschedule 165 aircraft deliveries planned for 2018-2022, cutting its planned fleet size in 2021 from 439 to 400.
California's Ontario International Airport Part 1: Change of ownership allows it to compete with LAX
Ontario International Airport has languished in the shadow of Los Angeles’ LAX for many years, prompting a growing call for separation from Los Angeles World Airports. At last the umbilical cord is about to be cut, and local city councils will be in control of its destiny.
But the difficulties that OIA has had to face will not all go away. They include a huge urban catchment area, where industry was hit hard by the recession and wages are low and, above all, an image that it is no more than a low cost facility without any real gravitas.
The ownership change opens the door, at least potentially, to private sector investment and management in the long run, but costs must be reined in and the bottom line improved first.
This report looks at present and future growth trends at the airport, local economic and airport statistics, how it matches up to competing airports across a range of metrics, at construction activities and in detail at the ownership issue.