RE:A little surveyAnother sample is of Canada-India flights. Direct flights are full for following days/weeks. If you get lucky to get a seat, it will be way too expensive. Cheapest seats till September are approx. $2800, approx. 50-60% higher than pre covid times. You can estimate the additional cash flow from these flights will be equivalent to how many flights in precovid times.
Canada - Aus flights (4-6 weeks out) are slightly higher than pre covid times. Domestic flights 2-3 days are out are very expensive and 4-6 weeks are normal. If near term flights are expensive because of high load factor, it serves the purpose. Higher load factor will take care of high oil price. Airline was positive cash flow in Q4 at 69% load factor. Precovid load factors were approx 83% system wide.
Sun destination flights demand is on the high.After few weeks, the demand will shift to European destinations.
The week of 14th March saw 2-3 days of 64-65% (of 2019) canadian air traffic, highest since April 2020. Looks like next few months are going to be 65%+ (of 2019) and could be even higher ( we should know in coming weeks). Keep in mind, 2022 Cargo revenues are way higher than 2019 numbers. Cargo numbers are not included in 65% traffic.