Demand for charter flights in Europe looks set to increase steeply over the remainder of the continent’s peak summer vacation season, according to the latest projections from online charter portal Avinode.
Newly formatted data from online charter portal Avinode gives a clearer impression of the fluctuations in charter aircraft demand and pricing.
Demand for charter flights dipped early this month, according to data from online charter portal Avinode. At 143.21, the company’s forward-looking demand index for the 30-day period from September 10 was 40 points down from where it was a month prior, seemingly showing the market cooling slightly at the end of the northern hemisphere summer season. However, the September 10 index was still almost 37 points higher than where it was 12 months earlier.
Attractive pricing persists on many popular models despite a continued tightening of inventory to its lowest level since peaking less than two years ago.
Demand worldwide for private charter flights has continued along an encouraging upward curve, with the arrival of the usually busy summer season, improved year-on-year demand and the soccer World Cup tournament in South Africa all identified as driving factors. Data from online charter portal Avinode showed its demand index for June 30 reached 153.13–almost 67 points up on where it had stood on the same day last year.