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August's North American Air Traffic At Lowest Level In 10 Years, Says OAG

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August's North American Air Traffic At Lowest Level In 10 Years, Says OAG PR Newswire CHICAGO, Aug. 8, 2012 - Region loses nearly a million seats CHICAGO, Aug. 8, 2012 /PRNewswire/ -- Scheduled flight operations within North America will be at their lowest August level for 10 years, according to the latest statistics from flight schedule data market leader OAG, a UBM Aviation brand. The OAG FACTS (Frequency and Capacity Trend Statistics) for August 2012 reveals that this month there will be 953,083 fewer air seats offered within North America compared with August 2011, with 21,401 fewer flights. For the year to date, decreases of two per cent in flights and one per cent in seat capacity have been experienced compared with the first eight months of 2011. "Against the backdrop of a slowing economy the North American region is experiencing general consolidation of its internal scheduled air services," said Rob Shaw, Director Analytics. "This is partly the natural consequence of the well-publicised airline mergers of recent years, but it also reflects the strategy of individual carriers in a tough trading environment: reducing capacity to maintain fares at a profitable level." Only three of North America's top 10 hubs (San Francisco at 7%, Charlotte at 5% and Toronto at 4%) will show significant growth in seat capacity this month, while capacity at Chicago O'Hare will drop by three per cent.

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August's North American Air Traffic At Lowest Level In 10 Years, Says OAG
PR Newswire CHICAGO, Aug. 8, 2012
- Region loses nearly a million seats CHICAGO, Aug. 8, 2012 /PRNewswire/ --Scheduled flight operations within North Americawill be at their lowest August level for 10 years, according to the latest statistics from flight schedule data market leader OAG, a UBM Aviation brand.
The OAG FACTS (Frequency and Capacity Trend Statistics) forAugust 2012 reveals that this month there will be 953,083 fewer air seats offered within North Americacompared withAugust 2011, with 21,401 fewer flights.For the year to date, decreases of two per cent in flights and one per cent in seat capacity have been experienced compared with the first eight months of 2011. "Against the backdrop of a slowing economy the North American region is experiencing general consolidation of its internal scheduled air services," said Rob Shaw, Director Analytics. "This is partly the natural consequence of the well-publicised airline mergers of recent years, but it also reflects the strategy of individual carriers in a tough trading environment: reducing capacity to maintain fares at a profitable level." Only three ofNorth America's top 10 hubs (San Franciscoat 7%, Charlotte at 5% andTorontoat 4%) will show significant growth in seat capacity this month, while capacity at Chicago O'Hare will drop by three per cent. Middle Eastshows fastest long-haul growth withDubaithe key hub North America's flights and seats to and from other worldwide regions will both show a two per cent increase in August, offering some better news, but the biggest growth in long-haul traffic is seen in theMiddle East- driven largely by theUnited Arab EmiratesandDubaiin particular. This month will see flight operations to and from theMiddle Eastgrow by seven per cent to 64,252, while seat capacity will increase by eight per cent to reach 14,219,564 - nearly 4,000 more flights and more than a million more seats offered than in August 2011.Traffic within theMiddle Eastregion is also
expected to grow by four per cent (flights) and three per cent (seats). TheMiddle Eastregion's key hubs are all experiencing strong year-on-year growth in August, withAbu Dhabiseeing seats increasing by 248,896 (up 17%), Dohaby 244,470 (11%) andBahrainby 114,560 (11%).By far the strongest performer in the region however isDubai, with 782,544 additional seats and 2,694 additional flight operations compared withAugust 2011. "Strategically, theMiddle Eastis growing in importance all the time, particularly in terms of its links withWestern Europe," said Rob Shaw, Director Analytics. "While capacity reductions are continuing on several key routes between Western Europeand theAsia-Pacificregion, more than 400,000 extra seats are now offered betweenWestern Europeand the Middle East.Of these, more than 70 per cent are on services to and fromDubaiandAbu Dhabi, largely reflecting the continued expansion plans of the premier Gulf-based airlines." Global flights up by 1% and seats by 3% Dubai, with its 12 per cent increase in flight operations and 14 per cent increase in seat capacity, is also showing the fastest growth among the major global air hubs. Seat capacity at eight of the world's top 10 airports will grow this month. Beijing's year-on-year increase of eight per cent brings it ever closer toAtlanta as the world's largest hub in terms of seats offered, whileTokyo's offering increased by nearly 375,000 seats, up five per cent onAugust 2011, securing its status as the world's fourth-largest hub afterLondon-Heathrow. Worldwide, airlines have increased flights by 16,948 and seats by 9,608,208, taking the total scheduled flight operations forAugust 2012to 2,789,437 and the total of seats offered to 361,193,356.This represents growth of one per cent in flights but three per cent in seats, which is explained by the increased use of larger aircraft. Average aircraft seat capacity is 129 this month compared with 127 inAugust 2011. For the year to date, scheduled flights show a growth of two per cent and seat capacity an increase of three per cent compared with the January-August period last year. A detailed review of OAG FACTS forAugust 2012- including information, commentary and charts about specific airports, routes, countries and regions worldwide - is available to download now athttp://www.oagaviation.com/OAG-FACTS/2012/August-Executive-Summary. OAG FACTSis updated on a monthly basis and provides a visual snapshot of airline activity around the world, using interactive graphs to display 10-year performance trends, sourced from OAG's consolidated database of global airline schedules. Notes to Editors: OAG, a UBM Aviation brand, is thetrusted source for aviation information and analytical services.OAG's leading aviation databases are unrivalled in their scale, accuracy and comprehensiveness and are integral to the world's aviation industry operations. For more information, visit: www.oag.com.