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
- 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
Co-Founder AirInsight. My previous life includes stints at Shell South Africa, CIC Research, and PA Consulting. Got bitten by the aviation bug and ended up an Avgeek. Then the data bug got me, making me a curious Avgeek seeking data-driven logic. Also, I appreciate conversations with smart people from whom I learn so much. Summary: I am very fortunate to work with and converse with great people.