Adjusting to the market dynamics (Leon Data Insight)
At Leon, we want to share with you some of the latest industry data, alongside with our observations on the current market developments.
Drastic decrease in air traffic
Due to passenger traffic restrictions and national lockdowns imposed by particular governments, both airlines and business aviation operators have drastically reduced the number of flights dispatched each day. Only companies such as cargo operators and air ambulance services are maintaining high level of operations, providing their services where they are needed the most.
Taking into account the flight data collected in Leon over the last 15 months, we can clearly see a substantial decline in the number of daily flights dispatched via Leon in recent weeks. Comparing the data year-to-year, at the end of February 2020 Leon boasted a significant 16% increase in daily flights due to the expanding client-base (990 flights in 2020, in comparison to 850 flights in 2019). However, due to aforementioned restrictions and bans, the flight data for the first week of April 2020 currently stand at roughly 330 daily flights. While comparing it with the data of the same period of 2019 (constituting of 920 daily flights), this translates into a very noticable drop of roughly 64 percent of traffic reduction.
Flight data statistics – January 2019 – April 2019
Flight data statistics – January 2020 – April 2020
Flexibility during crisis
As the aviation market faces issues related to COVID-19, we have also kept adjusting our business scheme to provide customers with solutions relevant to the current situation. Over the last few weeks we have been advising our client-base to keep only the currently operating part of their fleet active in Leon, thus significantly reducing monthly costs. Comparing the first week of March 2020 with the first week of April 2020, the number of active aircraft in Leon has decreased by roughly 20% (most of which is a fleet used by scheduled operators). Such flexibility is absolutely necessary for an efficient resource management of every aviation business during present-day events, while it also allows us to maintain the development process of Leon as swift and sound as always.
The sun will shine again
In moments such as those it is still particularly important to keep perspective far wider than the current scope of things only. Ongoing forced grounding may be a perfect opportunity to find out more about Leon, or refresh some memories by applying for our 30 day free trial. Hence, once the dust settles, we will be ready to conquer the sky together.
Don’t shy away from contacting our Sales team directly for additional details about Leon’s impact on your business.