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A decrease of 7%, or 1.3 million seats, is the scheduling of seats, until 31 January 2019, on incoming flights at the Regional airports of Greece, apart from Athens airport, for the summer season 2019, compared to the scheduling of seats for the corresponding summer season of 2018, according to the INSET report on prospects for incoming tourism in Greece in 2019.
However, following the exceptionally high + 21% increase in seat positions for last season, following increases in previous years, this year’s decline may be seen as a “correction”, since the increase in arrivals in 2018 was + 11%, which is about 10% lower than the increase in scheduling.
Note that scheduling is constantly changing as the season progresses, and arrivals fall short of the number of seats, depending on the fullness of the planes. Therefore the final change in air arrivals will differ from that of the schedule.
According to INSET, an important role for the reduced demand for airline seats in the summer season of 2019 is played by:
– the slowdown of the economy in the Euro zone:- Euro zone economies are projected to grow in 2019 at lower growth rates than in 2018 but also compared with previous projections,
– Failure to complete the EU agreement with the UK on BREXIT terms and the uncertainty created by the prospect of a no-deal BREXIT,
– The dynamic return of Turkey as a tourist destination (with very competitive prices),
– The bankruptcy of Germania Airlines, which had planned ~ 381 thousand seats. It is possible to absorb (lost) some of the lost seats from other airlines that will be reflected in the next planning,
– finally, the hot summer of last summer in Europe that influenced travel behaviour in these countries either leading to ‘stay vacations’ or postponing the decision to go abroad.
The largest declines in absolute terms are reported by Thessaloniki airports (-380 thousand seats or -16%), Chania (-236 thousand seats or -15%), Corfu (-166 thousand seats or -8%). Rhodes (-148 thousand seats or -4%) and Zakynthos (-118 thousand seats or -11%).
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source:- https://ermisnews.gr/
