ARC Finds Varied Airline Seat Capacity Across Small Market Airports
Study Focused on 411 FAA-Designated Airports with Lower Passenger Volume
ARLINGTON, Va., Sept. 8, 2014 /PRNewswire/ -- ARC announced today that it has just released a study about the changes to airline capacity at airports serving smaller markets within the United States. The report looked at 411 airports with at least 2,500 annual passenger boardings, with no one airport accounting for more than 0.25 percent of the total annual U.S. passenger boardings. The study examined the first quarter of 2013 vs. the same period in 2014.
Highlights from the findings include:
- A 6.8 percent increase in seat capacity across all small markets
- Sixty-three percent of the smallest airports saw decreases, with an average decrease of 5.4 percent.
- The largest percentage of increase across all airports was Mercer County Airport, New Jersey (TTN), which was up by 653.5 percent, with the largest decrease of -84.2 percent, seen at Augusta Airport (AUG), Maine.
- Distance from a major airport did not play a significant role in any changes in capacity at the smaller airports.
The report, which was compiled using data from ARC, the FAA and Innovata, is available at the following link via Google Shortcut http://goo.gl/5WrFU2.
A brief video commentary by Chuck Thackston, managing director of data and analytics, is available at the following link via Google Shortcut http://goo.gl/XEiuWk.
About ARC:
ARC powers the U.S.-based travel industry with premier business solutions, travel agency accreditation services, process and financial management tools, and powerful data analytics. In 2013, ARC settled $86 billion worth of carrier ticket transactions for more than 9,400 travel agencies with 13,000 points of sale. By providing world-class business services and products, ARC enables participating agencies and 200 carriers to focus on what's important—increasing revenue. Established in 1984, ARC is headquartered in Arlington, Virginia. For more information, please visit www.arccorp.com.
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SOURCE ARC
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