The story of Q1 2024: International up, domestic flat - what the airlines see.
Our recent newsletter pulls back the curtain to show what's being discussed at the airlines.
Once a week, airline network planning teams receive a 13-page PDF detailing the strategic moves made in North America during the prior week. Hundreds of airline executives worldwide subscribe to Cranky Network Weekly. Each Sunday afternoon, they receive the report describing the North American chess moves of the prior week and setting the gameboard for the strategies about to be deployed.
This chart was published months ago and identified a trend early. That trend? Planned domestic capacity for Q1 2024 is largely flat while growth is almost entirely limited to the international sector.
Things changed in the U.S. in Q3. The domestic recovery became recovered, but the international recovery continued. As we were watching huge year-over-year capacity increases continue through the year, at some point you start lapping last year’s big increases.
That’s happening now.
Looking into the Jan 2024 schedule, we have noticed a distinct split between domestic and international flying. Some international comps are still in crazy land, with 2023 numbers not yet in full recovery mode, but the domestic comparisons are… um… less.
Read the breakdown of trends we are looking at over the past six months and consider being ahead of the curve:
https://lnkd.in/gNn-UQAs
#aviation #airlinesandairplanes
Difficult to foresee as most of the signs point to a positive 2024, take a look at increased passenger numbers, innovation, and sustainability efforts.