Recorded at CAPA Airline Leader Summit World & Awards for Excellence 2024, 22 Nov 2024
CAPA Outlook: State of the Industry | November 2024
The 20 numbers A recap:
- Jets in service at 107% of 2019 levels
- Seat capacity at 107%
- Cargo traffic at 108.0%, RPKs at 104.2%
- EU air fare inflation Sep-2024 at 0.9%
- LCC seat share 34%
- LCC and ULCC unit cost 33% and 54%
- Airline industry USD30.5bn net profit forecast in 2024e
- Average USD18bn pa economic loss in the good years
- c2.3m new aviation personnel needed to 2043
- Europe AFTM delays Jun-Aug 2024 +48% vs 2019
- Boeing, Airbus deliveries: 12 years lost
- Aircraft order backlog has 14 years of production
- Leasing accounts for 53% of global fleet
- Investor owned airports 33% of revenue 2023, 27% 2019
- 82% of aviation leaders see key role for AFuel cost 61% of revenue in 2050? (vs c29% now)