New ForwardKeys data shows sharp downturn in future UK flight bookings – The Moodie Davitt Report

UK/INTERNATIONAL. ForwardKeys has launched new data which highlights the low ranges of flight bookings made in the interval between 8 June 2020 and 24 January 2021 for future journey into and from the UK.

Worldwide departure bookings made in this era are down -81.7% and future arrivals bookings have plummeted by -94.2% measured towards what was booked forward throughout the identical interval of 2019, emphasising the size of the difficulties dealing with the UK aviation business.

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The outlook for future air journey into and out of the UK is at the moment a dismal image (click on to enlarge)

The journey analyst – in summarising its findings from a latest insights occasion with the UK Journey Retail Discussion board – additionally highlighted data which examines the highest worldwide origin cities to the UK in December 2020. It revealed that probably the most resilient cities have been in India, with Kochi up by +52% yr-on-yr and Amritsar +18%. Islamabad in Pakistan was solely down by solely -21%, an excellent outcome in the present circumstances.

“With the best journey circumstances put in place and governments putting in extra confidence than worry in travelling overseas, not every thing must about doom and gloom for the journey sector in 2021” – ForwardKeys VP of Insights Olivier Ponti

ForwardKeys VP of Insights Olivier Ponti mentioned: “These issued tickets present that it wasn’t the leisure market driving the gross sales to the UK, relatively the VFR [visiting friends and relatives] market. As we’ve seen in different components of Europe, the VFR market is an viewers to be aware of to leverage no matter bookings you can also make throughout this pandemic.”

ForwardKeys additionally revealed that throughout Europe’s air passenger market capability for intercontinental journey in addition to intra-European journey noticed seats growing nearer to 2019 ranges throughout December 2020. Nonetheless, whereas intercontinental journey peaked at 34% of 2019 ranges in the center of the month, intra-European capability was solely half of Summer time restoration ranges (see desk under).

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The begin of 2021 has seen the seat capability for worldwide journey to the UK plummet (click on to enlarge)

From 1 October to 31 December probably the most lively European metropolis pair in time period of air tickets booked concerned Paris and Amsterdam. The hottest routes from London have been to Madrid and Lisbon with the yr-on-yr variation down by -72.1%.

ForwardKeys additionally appeared on the data for air tickets issued for journey from 4 June to 21 September 2021 versus the identical time of the earlier yr. The most resilient vacation spot is Corfu (-7.7%), with the highest 5 rounded out by Orlando, Faro, Las Vegas and Ibiza (see desk under). 

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Acquainted vacation locations dominate the desk for probably the most resilient locations of Summer time 2021 (click on to enlarge)

Ponti mentioned: “This goes to indicate you that the will to journey and pent-up demand are actual. With the best journey circumstances put in place and governments putting in extra confidence than worry in travelling overseas, not every thing must be about doom and gloom for the journey sector in 2021.”