Originally Posted by
FQTLSteve
Pete, I've just read your post and then scrolled down to Manchester. I know you'll have the answer, but given the loss of very similar scale of ops by Monarch at BHX and MAN why does BHX have a -3 figure for March whereas MAN has +3? So MAN have been able to not only make the loss up but grow as well.
To put Petes message in perspective, we can look at the numbers for the summer 2017 season for perspective.
- At BHX, in Summer 2017, Monarch provided 1,525,896 seats out of the 11,414,655 seats available. This results in a 13.7% share of the seats which BHX will loose in Summer 2018.
- At MAN, in Summer 2017, Monarch provided 1,484,440 seats out of the 23,358,022 seats available. This results in a 6.4% share of the seats which MAN will loose in Summer 2018.
In short, BHX will have lost 13.7% of its summer passengers with the collapse of Monarch, whilst MAN will only have lost 6.4% its passengers.
if BHX is only down -3% and MAN is up only +3%, in the scenario that no longer consider Monarch, then BHX will have actually have grown +10.7% and MAN will have actually have grown +9.4%. Based on this very simple scenario (which is of course a lot more complex than just monarch) it shows that both airports have recovered to a similar scale following the loss of Monarch....