OAG reports (13-Jan-2011) global airline capacity and frequency in Jan-2010 will increase 6% and 5% year-on-year, respectively. Asia continues to lead all regions of the world with nearly a third of all scheduled airline seats in Jan-2011. Details include:
- Global: capacity +6%, scheduled services +5% year-on-year;
UBM Aviation: “Emergent markets are rapidly catching up with established regions in terms of size. One significant example is the strong and continued growth within the Chinese market; with future expectations of growth in demand, it is likely that this market will be larger than the total North American market within the decade,” said Peter von Moltke, CEO, UBM Aviation, parent company of OAG,” Peter von Moltke, CEO, UBM Aviation. Source: OAG, 13-Jan-2011.