Vueling, EasyJet, Wizz Air — Weekly Performance Analysis — 23 August
The weekly airline performance analysis brings you the most-up-date statistics. Every week we analyze different airlines in terms of flight volume, punctuality, and cancellations in the current month. Today, we present some of Europe’s biggest low-cost carriers: U.K.-based EasyJet, Spain’s Vueling, and Hungary-based Wizz Air.
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Contained airlines
easyJet
Vueling
Wizz Air
EasyJet
easyJet is a U.K.-based low-cost airline. The carrier is one of Europe’s biggest low-cost carriers and operates out of several bases across Europe.
Flight Volume, Cancellations, and On-Time Performance
From 1st to 22nd August, EasyJet has operated more than 25,000 flights. So far, EasyJet followed a very stable volume pattern that saw a slight intra-month increase. In terms of cancellations, EasyJet faced some minor issues at the beginning of the month. However, overall the carrier operated at a shallow cancellation rate. Punctuality-wise, EasyJet achieved solid results in a corridor of 87 to 92%.
Airline Performance Assessment
In August, so far, EasyJet was able to increase its on-time performance compared to the annual average. This result is even impressive since EasyJet added an enormous amount of flights to its schedule in August. Moreover, the low-cost carrier has further reduced its fantastic cancellation rate to below 0.1% (0.04%), which is currently one of Europe’s best cancellations rates.
For August, we currently forecast a flight volume of 36,000. If this plays out, EasyJet would add another 30% to its schedule compared to July.
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Vueling
Vueling is a Spanis low-cost airline and one of the country’s biggest airlines. The carrier is part of IAG.
Flight Volume, Cancellations, and On-Time Performance
From 1st to 22nd August, Vueling has operated almost 13,000 flights. Moreover, Vueling slightly increased its flight volume in August. In total, the airline had to cancel 22 flights and operated on a 94.8% punctuality level. Up to now, Vueling ended only one day with a punctuality level below 90% (7th August, 89.6%). On the other side, Vueling saw its best day on 22nd August, resulting in a fantastic 98.1% on-time performance.
Airline Performance Assessment
In August, Vueling has operated above the annual OTP average and achieved a strong punctuality level of 94.8%. Moreover, the carrier constantly increased its punctuality during the month. Like EasyJet, Vueling delivered a fantastic performance, bearing in mind that the airline has grown its flight volume massively. Although Vueling is slightly below its annual cancellation rate, the airline operates at an excellent level of 0.15%.
For the entire month, we currently forecast a flight volume of 18,000 flights. Compared to July, this would result in a flight volume growth of 15%.
Wizz Air
Wizz Air is a Hungarian low-cost carrier and the country’s biggest airline. The airline operates bases all over Europe and the Middle East. Moreover, Wizz air has some of the most ambitious growth plans of all European airlines.
Flight Volume, Cancellations, and On-Time Performance
From 1st to 22nd August, Wizz Air has operated 1,7300 flights. However, Wizz Air saw a sharp drop in flight volume on 12th August. Before 12th August, the carrier was in an 850-900 daily flights corridor, whereas from 12th August, the volume decreased to 700 daily flights and below.
Overall, Wizz Air canceled 22 flights in August. However, worth mentioning that Wizz Air canceled 15 flights on 1st and 2nd August. Afterward, Wizz Air operated on a very low cancellation level. From a punctuality point-of-view, Wizz Air achieved results between 85% and 90%.
Airline Performance Assessment
With an on-time performance of close to 88%, Wizz Air, so far, has operated above its annual average. However, the same accounts for the cancellation rate: Wizz Air operated at an extraordinary level of 0.1% – 0.6pp below its yearly average.
For the entire month, we forecast a flight volume of 24,000. As a result, Wizz Ait would deliver a flight volume growth of 35% compared to July and operate almost 20,000 flights more than the annual average.
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