Aeroflot highest capacity recovery in Europe; Ryanair least
Two factors are clear for European airlines in the recovery from COVID-19: a large domestic market and a low cost business model are advantages.
Capacity data for the week of 15-Feb-2021 underline these points. Among Europe's leading airline groups, Aeroflot Group and Turkish Airlines have the highest percentage of their 2019 capacity, largely because Russia and Turkey are Europe's largest domestic markets.
The LCCs Ryanair and easyJet have the lowest percentage of their 2019 capacity among the leading groups. This is because they are better at flexing their capacity according to demand, currently depressed by restrictions on international travel. In Aug-2020, the peak month so far, they had the highest levels among Western Europe's leading groups.
For Europe as a whole, domestic markets are relatively small, and its total seat capacity is down by 75.2% versus 2019, much worse than in other regions. Middle East is down by 56.8%, Africa is down by 52.7%, North America by 45.9%, Latin America by 45.7% and Asia Pacific by 42.5%.
Become a CAPA Member to access Analysis Reports
Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.
Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.
CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 400 News Briefs every weekday and comprehensive data and analysis on thousands of companies around the world.