Comparative Markets Update
We track selected markets for passenger traffic and did an update today. As always, please click the double-headed arrow at the bottom right for an optimized chart size or your monitor. This is our Comparative Markets Update.
- Page 1- The baseline is January 2019 for each market
- The 100 dashed line serves as the baseline for all markets. The Covid slump is something frightening to behold, isn’t it?
- China made the fastest recovery but it ran out of steam quickly. We can see several waves of new Covid impacts. In June they are trying another recovery.
- Canada had the longest slump and is now well over the baseline.
- Australia also had a long slump and has a much better 2022 so far. But still, a way to go before hitting the baseline.
- India had a wild ride and only in June 2021 started to climb out of the slump. Despite being a huge and growing market, it is struggling to reach the baseline.
- The US had a consistent recovery until July 2021, when it hit the skids but by February 2022 things improved and it is now also over the baseline.
- Page 2 – Domestic passenger traffic volumes
- The relative market sizes speak for themselves
- Â This means we would expect India to be so much larger – it is now the world’s most populous nation with a vibrant airline industry
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