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Wednesday, April 3, 2019

✈Fastest-growing country markets in Europe

In Q2 2018, Georgia was Europe’s fastest-growing country market (capacity up 28% in Q2 2018 vs Q2 2017), and it has continued its momentum into S19, with it showing to be the continent’s fourth fastest-growing market in Q2 2019. Along with Georgia, the only other markets in the top 15 for Q2 2019 growth that also appeared in the same category during Q2 2018 are North Macedonia (14% growth in Q2 2019; 17% growth in Q2 2018 versus Q2 2017), Latvia (12%; 19%), Bosnia and Herzegovina (11,1%) and Hungary (8.2%; 15%). Of the countries listed in the top 15, only one appears in the top 15 ranking for most seats, with Portugal being Europe’s 12th largest market regarding total departing seats in Q2 2019. The top markets remain the UK (3.1% growth in Q2 2019), followed by Spain (3.7%), Germany (2.0%), Italy (5.9%) and France (5.2%). 

Ryanair remains the top airline on the continent, with it growing its seat capacity by 7.6% in Q2 2019, which represent just under 2.88 million additional departing seats versus the same quarter of 2018. easyJet is growing ever so slightly faster than Ryanair, but when it comes to net seat increase, it is only adding 2.17 million, less than the number being added by Ryanair.
The fastest-growing airline among Europe’s top operators is Wizz Air, with it showing an 18% rise in its departing seat capacity during Q2 2019, a result of it operating an additional 1.68 million departing seats. Regarding the other end of the spectrum, Air France, SAS, Norwegian, Eurowings and Pegasus Airlines are all showing declines in the number of seats they’re operating during Q2 2019, with Norwegian seeing the greatest cut at 5.0%. For Norwegian, its capacity has been reduced in the short-haul market, with it posting a 6.7% cut in this sector. However, it does continue to push its long-haul agenda, with data showing that it has increased its long-haul capacity during Q2 2019 by 21%. While this is impressive, the carrier’s long-haul operations still only account for 5.9% of all seats it operates during the period, although this has grown from a share of 4.6% posted in Q2 2018.

Source:Anna aero

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