I thought I had agreed with myself not to spread more doom and gloom. However I like to dig into the statistics of what happens and why. I am obsessed with data within data.
OK so in looking at LAX's January numbers - there are some nasty pieces about the drop off in traffic. The reality is not quite as horrendous as it sounds. However ONT - also covered by the LA Airports authority took a huge bath and has lost a lot of scheduled traffic, including 5 airlines altogether.
For LAX one of the premier gateways in the country and 3rd or 4th largest airport frequently - the downturn is still pretty significant.
Passenger counts are off by 11.3% LAX btw does about 25% of its traffic internationally. So if the drop off is in International traffic then LAX hurts more than the rest. Because of its location Pacific travel is obviously very high as it is the main US-Asian gateway airport.
So looking at the number of pax its down with a higher number international than domestic. OK so far makes sense. But LAX stats are rather good so you can see who actually took the hit. It seems that the tenants in
Bradley (International airlines) dropped 6.34%
Terminals 2 (AC, VS, NW and ANZ dropped 10.85%
Terminal 4 (American and Qantas) dropped 40.45%
Terminal 5 (Delta) dropped 48.18%
Terminal 7 (United) dropped 41.36%
This makes it interesting to see that the US carriers to International points outside of the Americas are doing worse than those locations airlines. It also shows that the traffic to Asia/PAC which in GDS terms was off (according to Travelport) by more than 20% a real basket case and far worse than US or EMEA.
With the large jump in traffic between Taiwan and China - you can see that there is a real change occurring in the profile of travel. What we are seeing is not just a general decrease but a change in world order.
That is interesting