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Domestic: USD 9.94cents, -3.7%; CASK: USD 7.19 cents, +2.7%; Domestic: USD 8.23 cents, -6.9%; International: USD 5.50 cents, -3.1%; CASK excluding fuel: USD 5.77 cents, +14.6%; Domestic: USD 6.72 cents, +1.7%; International: USD 4.23 cents, +9.2%; Cargo: 17,662 tons, -3.9%; Domestic: 9855 tons, -19.2%;
Negative Passenger Demand Trend Continues in February Negative Passenger Demand Trend Continues in February Geneva - The International Air Transport Association (IATA) announced that passenger traffic fell in February 2021, both compared to pre-COVID levels (February 2019) and compared to the immediate month prior (January 2021). Because comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, unless otherwise noted all comparisons are to February 2019, which followed a normal demand pattern. Total demand for air travel in February 2021 (meas...
Optimism from Thai AirAsia CEO as AAV Reports Net Loss of THB 4.7 Billion (25 Feb 2021) Asia Aviation (AAV), the major shareholder of Thai AirAsia, has reported a Q4 2020 revenue of Baht 4,158.6 million and a net loss of Baht 1,114.4 million (1.1 billion Thai Baht equals approximately US$36.5 million). The loss was partially caused by the impairment on right-of-use assets equating to Baht 1,416 million. Thai AirAsia was EBITDA positive in the quarter, excluding the fuel hedging loss of Baht 799 million. Domestic flight services performed exceptio...
Analysis It is no longer news to report that the COVID-19 pandemic has had a massive and devastating impact on the world aviation industry. Nevertheless, looking at various measures of the industry's scale in 2020 provides historical context. It illustrates how far this growth industry has been set back. According to data from the CAPA Fleet Database, the number of passenger jet aircraft in service with the world's airlines at the end of 2020 was back to 2008 levels. However, this 12-year setback is much less than the impact on traffic. Last year, in 2020, passenger numbers were back to 2003 ...
ALTA region totals 177m passengers in 2020 ALTA reported (11-Feb-2021) airlines operating in the Latin America and Caribbean market carried 177.3 million passengers in 2020, down 59.2% year-on-year. Traffic (RPK) decreased 61.9% and capacity (ASK) decreased 55.7%, bringing the load factor to 71.3%, 11.5pp lower than in 2019. [more - original PR] Want More News Like This? CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.Find Out More