Here are most of my Stats. After 641 loans here are my numbers at Kiva.
Showing posts with label statistics. Show all posts
Showing posts with label statistics. Show all posts
27 July 2025
23 November 2012
UK Travel Industry Employment Statistics - Is Anyone Doing Anything About It?
The UK's Office of National Statistics often looks at different sectors of the economy. They even have a hub in their database just related to Tourism - great name - its called NUTS. Today they released a report entitled the The Geography of Tourism Employment. Thus continuing to perpetuate the myth of Tourism encompassing all of Travel.
This is well worth a read for the information about where the employment hubs sit. Tourism as we keep hearing is the world's 3rd largest part of the economy. The UK could do a lot more to boost its employment in Travel and Tourism. It could also do more to funnel resources into the sector to nurture it and grow it.
This report should provide some ammunition for making that case. But I am not sitting on my hands to let this just happen in a vacuum. I am putting my money where my mouth is. Check out our VaultPad initiative.
Cheers
04 March 2010
IATA finally acknowledges LCC market
Acknowledging that that there is actually a low cost airline model - IATA has (begrudgingly) started to include LCC statistics in its reporting. Don't believe me? I quote directly from IATA's stats:
"As IATA member airlines carry 93% of international traffic measured by RPKs, this change does not make a large difference in the statistics" IATA Jan 2009 Report. I think I bed to differ. The LCC model has a profound effect on airline statistics.
Interestingly IATA seems to only capture those pure LCC airlines. They so far admit that there is only 7% of total traffic being LCC. And this is where there is a pretty fundamental failure of the IATA statistical model. It measures that notional value RPK (RPMs). IE Revenue Passenger Miles. If for no other reason than everyone else uses passengers as a measure of total traffic it is high time that IATA woke up and started publishing some real data on passenger numbers.
IATA claims that LCC traffic is only "7%" of total traffic. Given that the vast majority of LCC passengers are short haul and only a smattering of long haul traffic this is starting to distort the figures. Let me illustrate this.
The total traffic worldwide (using ACI data) is estimated at 4.5 billion passengers these are actual landings and take offs. This number tends to be inflated as it includes and counts each passenger twice. One take off and one landing. So in my opinion there are actually around 2.2 billion actual worldwide passengers. (PSJs - for Passenger Segment Journeys). If we look at just one group - the ELFAA - European Low Fares Airlines Association which comprises: Vueling | easyJet | flybe | Jet2.com | Norwegian | Ryanair | Sky Europe | Sterling | Sverige Flyg | transavia.com | Wizz Air
They carried 162 million pax last year. And this is not all (but it is most) EU carriers. If we were to add back in MENA, Africa, Asia Pac, USA and Latam carriers the numbers would swell by at least double. (WN alone is now more than 100 million pax). So you can see the share of market pax worldwide by true LCCs is higher than the 7% shown using the RPK model.
Interestingly if we look at an apple to orange comparison - according to IATA's numbers total traffic (in RPKs) was down nearly 11% for Europe in 2009. But for ELFAA airlines (passengers flown) it was up 8.7%. Interestingly IATA claims that the impact of LCCs mitigated the annual fall in traffic by one full percentage point. IE LCC growth saved the world from a full percentage drop of 1 %.
For the long term - you have to make the assumption there is a move towards hybrid value carriers - where airlines move away from pure legacy full network service carriers and pure LCC models to hybrids of all types. An apple to apple comparison of say United Airlines revenue models looks remarkably similar to say Easyjet these days.
Now I am sure that some people may pick at my numbers but - the analysis is sound I believe.
Cheers
"As IATA member airlines carry 93% of international traffic measured by RPKs, this change does not make a large difference in the statistics" IATA Jan 2009 Report. I think I bed to differ. The LCC model has a profound effect on airline statistics.
Interestingly IATA seems to only capture those pure LCC airlines. They so far admit that there is only 7% of total traffic being LCC. And this is where there is a pretty fundamental failure of the IATA statistical model. It measures that notional value RPK (RPMs). IE Revenue Passenger Miles. If for no other reason than everyone else uses passengers as a measure of total traffic it is high time that IATA woke up and started publishing some real data on passenger numbers.
IATA claims that LCC traffic is only "7%" of total traffic. Given that the vast majority of LCC passengers are short haul and only a smattering of long haul traffic this is starting to distort the figures. Let me illustrate this.
The total traffic worldwide (using ACI data) is estimated at 4.5 billion passengers these are actual landings and take offs. This number tends to be inflated as it includes and counts each passenger twice. One take off and one landing. So in my opinion there are actually around 2.2 billion actual worldwide passengers. (PSJs - for Passenger Segment Journeys). If we look at just one group - the ELFAA - European Low Fares Airlines Association which comprises: Vueling | easyJet | flybe | Jet2.com | Norwegian | Ryanair | Sky Europe | Sterling | Sverige Flyg | transavia.com | Wizz Air
They carried 162 million pax last year. And this is not all (but it is most) EU carriers. If we were to add back in MENA, Africa, Asia Pac, USA and Latam carriers the numbers would swell by at least double. (WN alone is now more than 100 million pax). So you can see the share of market pax worldwide by true LCCs is higher than the 7% shown using the RPK model.
Interestingly if we look at an apple to orange comparison - according to IATA's numbers total traffic (in RPKs) was down nearly 11% for Europe in 2009. But for ELFAA airlines (passengers flown) it was up 8.7%. Interestingly IATA claims that the impact of LCCs mitigated the annual fall in traffic by one full percentage point. IE LCC growth saved the world from a full percentage drop of 1 %.
For the long term - you have to make the assumption there is a move towards hybrid value carriers - where airlines move away from pure legacy full network service carriers and pure LCC models to hybrids of all types. An apple to apple comparison of say United Airlines revenue models looks remarkably similar to say Easyjet these days.
Now I am sure that some people may pick at my numbers but - the analysis is sound I believe.
Cheers
15 April 2009
Online Ad Spending Plummets
All media is suffering in the economic downturn. In some cases we are seeing dramatic shifts from offline/Traditional media especially non-broadcast to online. However how is online doing.
I have been trying to get some definitive predictions and right now things are all over the place. Finally someone has come up with a set of numbers I think I can believe in.
eMarketer has actually given us a synposis. I usually like eMarketer as they base their stats often on a compilation of other stats. Using the wisdom of the crowd approach, I usually find them a little more accurate if a little later than others.
(NOTE if you have a better predictor for one of these categories then let me know!)
So they are saying that online ad spending will fall to a growth of only 4.5%. That is down from the growth of nearly 27% in 2007. Growth will recover a little in 2009 but slowly.
The eMarketer study information contained here also includes a table of different sources who are reporting different numbers. So you can pick your poison.
http://www.emarketer.com/Article.aspx?R=1007042
Anyway you cut it - its still a blood bath out there.
Cheers
I have been trying to get some definitive predictions and right now things are all over the place. Finally someone has come up with a set of numbers I think I can believe in.
eMarketer has actually given us a synposis. I usually like eMarketer as they base their stats often on a compilation of other stats. Using the wisdom of the crowd approach, I usually find them a little more accurate if a little later than others.
(NOTE if you have a better predictor for one of these categories then let me know!)
So they are saying that online ad spending will fall to a growth of only 4.5%. That is down from the growth of nearly 27% in 2007. Growth will recover a little in 2009 but slowly.
The eMarketer study information contained here also includes a table of different sources who are reporting different numbers. So you can pick your poison.
http://www.emarketer.com/Article.aspx?R=1007042
Anyway you cut it - its still a blood bath out there.
Cheers
Subscribe to:
Posts (Atom)