Cirium: Airlines Poised to Fly More Seats During Holiday 2023 Compared to 2022: Intra-European Seats Scheduled Up 10%; U.S. Domestic Seats Scheduled Up 8%
December 19 2023 - 6:06AM
Business Wire
- Aviation analytics firm Cirium analyzed historical airline
December holiday period schedules for Intra-European and U.S.
flying
- North American airlines have achieved strong operational
performance to date in December 2023; Intra-European operational
performance less strong this month so far compared to recent
months
Intra-European travel will see an uptick in seats flown this
holiday, up more than 10%, according to a recent analysis by the
world’s most trusted source of aviation analytics, Cirium.
Similarly, U.S. domestic seats flown is poised to increase by 8%
compared to 2022.
The data is sourced by Cirium’s Diio Mi Schedules Tool,
widely-used in aviation to analyze airline schedules for more than
1,300 airlines worldwide.
In addition, the U.S. airlines believe their customers will
demand more sun destinations this holiday period. Seats flown from
the U.S. to Caribbean resort destinations will increase by 18% in
2023 compared to 2022, and seats flown from the U.S. to Florida
will increase by 14%. In each of Europe and the United States,
Cirium compared December 22, 2023 to January 2, 2024 and December
23, 2022 to January 3, 2023 — just prior to Christmas and
immediately following the New Year holiday.
In the U.S. domestic market, Cirium analysis of airfare for 2023
to September 2023 (the latest data available) indicates the average
airfare for U.S. economy tickets was $182, one-way,
non-directionally averaged, not including taxes and fees. In the
Intra-European market, Cirium analysis of airfare for 2023 to
September 2023 showed the average airfare for an economy ticket was
$105.55 (€96.60 at current conversion rates).
North American airlines have had strong operational performance
so far in December 2023 (to December 14, 2023) for their operations
within North America, with an average on-time performance of 85.57%
and only 0.4% of flights cancelled. Intra-European flying has been
weaker so far in December, with 3% of flights cancelled and 69.21%
of flights considered on-time. A flight is considered on-time when
it arrives within 14:59 of its scheduled arrival time, commonly
known in the industry as “A14.” Cirium is the leading source for
airline operational metrics, closely watched by airlines and
airports to measure their performance.
About Cirium
Cirium is the world’s most trusted source of aviation analytics.
Through powerful data and analytics, coupled with decades of
industry experience, Cirium is enabling airlines, airports, travel
companies, aircraft manufacturers, and financial institutions,
amongst others, to make intelligent and informed decisions that
improve operations, grow revenues, and enhance customer
experiences.
Cirium is part of RELX, a global provider of information-based
analytics and decision tools for professional and business
customers. The shares of RELX PLC are traded on the London,
Amsterdam and New York Stock Exchanges using the following ticker
symbols: London: REL; Amsterdam: REN; New York: RELX.
For further information please follow Cirium updates on LinkedIn
or visit www.cirium.com.
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