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LCCs account for 22% of global capacity in Feb-2010; Norwegian Air Shuttle returns to profitability

Analysis

OAG stated the world's airlines expanded capacity levels for the sixth consecutive month in Feb-2010, with a 5% year-on-year increase in seat capacity and 4% increase in frequencies, led by an 11% increase in seat capacity and frequency by LCCs, which now account for 19% of total worldwide flights (410,833 flights) and 22% of total seats (60.7 million seats). OAG added that in Europe, the Middle East and Africa, there are 210 new routes dominated by LCCs.

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