Aviation Data

Labor Day holiday market and aviation operation in 2021 From Cirium

The following is the Labor Day holiday market and aviation operation in 2021 From Cirium recommended by recordtrend.com. And this article belongs to the classification: Aviation Data.

This year’s Labor Day holiday is the first long domestic holiday in a long period of time without epidemic situation. After a number of new crown cases broke out during the Spring Festival, leading to the blockade in some areas, it is expected that the Labor Day holiday will release the long suppressed travel demand. During the five-day holiday, the demand for domestic travel by means of ground, rail and air transportation is expected to reach 200-265 million times, almost back to the level before the epidemic.

Air travel bookings surged from April 30 to May 6, although most travel was by ground and rail. According to trip.com, airline seat bookings are up 23% from the same period in 2019. Economy class ticket prices during labor day are up 11% from the same period in 2019. Economy class ticket prices have fallen by an average of 23% in the past six months compared with the same period in 2019.

From the perspective of specific routes, the air travel demand is mainly from cities with high per capita income, such as Shanghai, Beijing and Chongqing. Compared with the same period in 2019, the bookings of these popular routes have increased by between 100% and 300%. However, compared with 2019, the ticket prices of these routes are still generally low, except for the top three cities (Shanghai Sanya, Beijing Sanya and Shanghai Chongqing). Interestingly, this year’s combination of popular search and popular reservation cities is somewhat different, reflecting the new travel reservation mode. Passengers now book flights in a much shorter time frame, and the choice of itinerary is more flexible. This makes Airlines face greater capacity planning challenges in the process of matching supply and fluctuating demand.

From an operational point of view, cirium’s data show that 3165 aircraft were tracked in China on May 1 (the peak demand day of 2021 Domestic Labor Day holiday), an increase of 7.7% compared with 2939 aircraft in the same period of 2019. The growth rates of the number of tracking flights and the number of tracking seats were 11.7% and 13.2% respectively, which were 5.4% and 6.8% higher than the previous week. This shows that domestic airlines use larger planes and more flights during the holidays to cope with the growth of passenger demand.

In fact, our data show that on May 1, the number of dual channel aircraft tracked increased by 14.4% compared with the previous week, and the number of single channel aircraft increased by 2.3%. The number of flights operated by dual channel aircraft also increased by 23.6%, while the number of flights operated by single channel aircraft increased by 4.1%.

Although it is reasonable to have more airplanes in operation during this year’s Labor Day holiday compared with that in 2019, the average daily flight time of each airplane is only 8.4 hours, which is 6.0% lower than that in 2019 (8.9 hours). The global epidemic situation is still very serious, the international passenger traffic volume of domestic airlines is still negligible, and border restrictions and isolation regulations still exist. Therefore, a key challenge for airlines will be to maintain high utilization of aircraft after the end of the holiday season.

Read more: cirium: 2020 fleet forecast report cirium: 2020 aviation insight Trend Report? Cirium: China novel coronavirus pneumonia is expected to be purchased in 2019-2038 years. The 19%Cirium of China’s airlines will be purchased from COVID-19: COVID-19’s supply and demand situation in the air passenger market from April to present. Cirium: the demand for air travel during the Spring Festival holiday of the business aviation Cirium: under the new crown pneumonia epidemic market is expected to sharply reduce Cirium: it is predicted that air demand will resume until the 2024-2025 year. Irium: imbalance between supply and demand, The value of the novel coronavirus pneumonia Cirium: Asian aviation industry has been slowly opening up after the devastating recession. In Cirium:2020, the global air passenger traffic volume plunged 67%, and passenger traffic dropped to 21 years ago. Cirium: preparing for the second wave of aircraft lease extension Cirium: the impact of the new crown pneumonia epidemic on business aviation is gradually revealed: Cirium: the domestic aviation market in the Asia Pacific region is expected to recover in July. Cirium: in May 2020, the total number of flights between China and the United States decreased by 95% year on year

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