There may be more carriers, but they are carrying fewer passengers and the numbers aren't increasing
Nevertheless, a loss during which air transport has come close to the same seat capacity levels and passenger business as 2019 in the UK is worrying.
And unfortunately, Southampton has not come close to those capacity levels, lagging the UK average.
In the week commencing 10-Oct-2022 capacity at Southampton stands at just less than 51% of what it was in the same week of 2019, and is barely above 2020 and 2021 levels.