Russian aviation, Europe’s biggest market, led by LCC Pobeda
The Russian Federation is now Europe’s biggest aviation market by seats, having recovered 82% of its 2019 capacity in the week of 07-Jun-2021. By contrast, Europe’s historical leader, the UK, has recovered only 19% and now ranks seventh.
Russia’s performance has been strengthened by its domestic market, the largest in Europe, which is back above 2019 levels of capacity and traffic.
Total passenger numbers (domestic and international) carried by Russian airlines were back to 77% of 2019 levels in Apr-2021, the most recent month for which data are available, compared with approximately 20% for Europe as a whole.
Russia’s leading airline, Aeroflot, carried only 45% of pre-crisis traffic in Apr-2021, but its regional subsidiary Rossiya carried 80%. Remarkably, its LCC Pobeda was 33% above Apr-2019 passenger numbers.
Summary
- Russia is Europe’s biggest market by weekly seats. It has recovered 82% of 2019 weekly capacity, more than any other large European country.
- Russia has Europe’s largest domestic market, which is back above its 2019 levels of capacity and traffic.
- This has helped Russia’s total traffic performance to recover faster than Europe’s as a whole.
- Aeroflot was Russia’s biggest airline by passenger in Apr-2021. Its LCC subsidiary Pobeda has grown above its 2019 size and is the group’s main growth engine.
View more here: https://centreforaviation.com/analysis/reports/russian-aviation-europes-biggest-market-led-by-lcc-pobeda-563941