Online charter portal Avinode’s forward-looking demand index stood at 97.13 on November 7, more than 45 points lower than on October 7. Nonetheless, the current index is still three points above where it stood 12 months ago. Avinode’s price index for the next 30 days doesn’t paint such a clear picture of decline.
As the northern hemisphere’s busy summer season nears, the start of June saw projected charter demand rise by more than 30 points, according to the forward-looking demand index generated by online charter portal Avinode. Avinode’s June demand index is 150.89, up from the May 1 index of 120.64 and almost 30 points higher than a year ago. But the anticipated increase in demand for flights was not reflected in Avinode’s price index for June 1.
Price index data from online charter portal Avinode reinforces the impression reported by operators and brokers that the market has been making a slow and gradual recovery during the course of this year. Analysis of the company's price index since Jan. 1, 2009, shows a marked decline in expected rates for worldwide charter, as well as specifically within Europe and the U.S., followed by a slow recovery.
Demand for charter flights looks set to fall from the rise enjoyed by the market last month, according to the latest demand index from online charter portal Avinode. As of yesterday, its demand index for the next 30 days showed a fall of just over 50 points from 116.77 on January 1, to 65.00.