This is a sector to consider if you are looking for a challenging workplace. This chart tells us that business is pretty good. Load factors are back where they used to be pre-pandemic. The 2023 number is for the half year, so an annual total of ~100m is possible.
But that optimistic outlook is 5% down in volume. Moreover, that is also way down on what was normal between 2016 and 2019. Reflecting on passenger traffic shows a ~30% decline in traffic. That is an eye-popping metric. We keep hearing about the pilot or the captain shortage.Â
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.