BOS Sep-2018 numbers are out.
Sep-2018 total pax: 3,393,644 international pax: 697,082
YTD total pax: 30,873,364 YTD international pax: 5,814,440 international pax as a % of total pax: 18.83%
AAGR YTD 2018 vs. 2017: 6.6%
Sep-18 Sep-17 Difference
Domestic Charter Passenger 954 1589 -39.96%
Domestic Commuter Passenger 189,288 181,186 4.47%
Domestic Jet Passenger 2,496,114 2,344,059 6.49%
Total Domestic Passengers 2,686,356 2,526,834 6.31%
Bermuda/Bahamas/Caribbean 67,119 55,019 21.99%
Canada 95,619 88,668 7.84%
Central America 19,548 13,754 42.13%
Europe 409,646 392,017 4.50%
Middle East 49,747 45,519 9.29%
South America 11,582 3,487 232.15%
Trans-Pacific 43,821 42,075 4.15%
Total International passengers 697,082 640,539 8.83%
General Aviation 10,206 10,638 -4.06%
Total Airport pax 3,393,644 3,178,011 6.79%
Thanks iyerhari... quite a bit to unpack here.
1. Total YTD September of 30.8m is more than full year 2013 by 600k, with 3 months to go... let that sink in a bit!
2. September can sometimes be a soft month, but they have maintained the YTD increase overall at 6.6%, which is great
3. if they maintain the 6.6% YOY growth, we are looking at just shy of 41m through the door. based on the Dec 17 number of 38.4m
4. if there is no growth at all in Oct-Dec (highly unlikely) - we are looking at over 40m, so based on that, we kind of know where we think we will end up for 2018 (between 40.2 and 41m is my guess)
5. nice to see growth in all areas.
a) Caribbean 22% YOY growth is a big number, especially considering the region is really still recovering, but October will be the telling month because that's when the hurricane hit. So we should see another big increase there too.
b) Canada continues to go from strength to strength, without too much capacity growth, the bean counters at AC/WS and PD must be loving this.
c) Central America - again continues to power and will get another boost in November when the B6 daily MEX services comes on-line for a full month, although will drop back in 19 when AM leave the market.
d) Europe/ME and Transpac are all gaining traction, which on limited growth in capacity is boding well for them, sadly we don't have the airline breakdown, but ME and Transpac in particular will definitely show loads improvement as they are currently all built out from a frequency/ aircraft size standpoint.
e) South America is not really a fair comparison because of the new service, but based on that, we would have to assume winter numbers will be lower, so if we say 9k average per month, that's over 100k pax per year in that market from pretty much 0, 18 months ago.
f) Domestic - we all talk about capacity management but honestly 7% increase shows that airlines are increasing service and upgauging their aircraft too to make this work. On the commuter side of things, I will be curious to see how Silver and Boutique are doing on their new routes.
More to come when i pull this together with my general analysis, but i need my other computer to do that.
That feeling when you sit at the end of a runway, brakes are released and the raw power takes over. Now that is a thing of beauty and it never gets old.