Virgin Australia passenger numbers down 4.8% in Apr-2011
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CAPA Perspectives: Tigerair Australia has finally lost its teeth
The Tigerair Australia adventure has rarely gone smoothly, but it has finally lost its teeth. Indeed it may cease to exist in the coming months with a possible rebranding. Originally part of the Singapore-based Tiger Airways Holdings, the carrier had bumpy beginnings culminating in the honour of being the first Australian airline to be grounded by CASA. Now fully-owned by Virgin Australia, to call Tiger stagnant in 2016 would under-represent a carrier flying less domestic ASKs than it was two years ago but with a larger fleet.
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.