Skailark launches Airline Economics Q2’25
| We have just released our Q2’25 update. Please find below a summary of the most important product enhancements: Model and data updates 1 New ground handling model v2.0 released 2 ATC model upgrade to consider airspace closures 3 Passenger & revenue model refined 4 Crew HOTAC model improved 5 Additional airlines added across Europe and Africa 6 Updated Q1 financials and added Q2 forecasts |
| All our subscribers have received complimentary access to the updated data as of today. We welcome any feedback, both on insights as well as usability. Note: To access data from any previous versions, please access our archive here. 1 New ground handling model v2.0 released With this update we have released our new ground handling cost model version 2.0. The model is now bottom-up, driver-based, considering significantly more detail: – Bottom-up manhour calculations taking into account scope of work, carrier type, aircraft type, aircraft configuration – Estimates for handler SG&A and margin – Local labor rate impact – Monopoly handling impact – Airport size impact – Actual inflation impact leveraging reported values This additional detail allows significant enhancements for our users: – More accurate estimation of realistic turn costs – New benchmarking capabilities – Ability to adjust the model driver-based As always, we are open for any feedback in case further refinement desired. 2 ATC model upgrade to consider airspace closures Given the evolving geopolitical situation, we reviewed and enhanced our ATC cost model this quarter. Key improvements include: – Collection and integration of closed airspace data by country, depending on airline region – Development of an algorithm to estimate actual flight paths, considering all airspace restrictions – Accurate identification of countries overflown by each flight – Application of country-specific ATC rates to calculate flight-level ATC costs – Inflation adjustments are made using reported data As an outcome, there are higher ATC costs overall, especially for flights operating from Europe to Asia and vice versa. 3 Passenger & revenue model refined Skailark has once again made another step forward regarding its passenger flow and revenue model. Please note the following enhancements: – Model intelligence: O&D passenger to segment allocation logic refined, further taking into account the available seats per flight in each allocation step. – New yield data sources: Added various yield data from different countries and regions to enhance our revenue data. 4 Crew HOTAC model improved We’ve refined our cut-off logic for crew layovers. As a result, crew HOTAC-related costs are likely higher compared to previous versions of Airline Economics. As a reminder: the decision on whether crew hotel accommodation (HOTAC) is required is primarily based on total flight time and regulatory thresholds. In addition, night stops outside of the hub/base of the tail are further key considerations for this decision. 5 Additional airlines added across Europe and Africa We are pleased to announce the addition of more carriers across Europe and Africa. These include: – Airlink – Cyprus Airways – KM Malta Airlines – South African Airways – TUI Group (UK, Belgium, Germany, Netherlands, Nordic) 6 Updated Q1 financials and added Q2 forecasts As you are already acquainted with by now, we have validated our Q1’25 forecasts with reported actual financials (where available). Furthermore, we have added Q2’25 supply data including our latest outside-in forecasts. Skailark support form & email contact We’d like to remind you of the dedicated channels available for support-related queries. For all support inquiries, please visit our support format skailark.com/support (under Client Access). This ensures your requests are streamlined and addressed efficiently. Alternatively, you can also reach us via email at support@skailark.com If you have questions about the update or need further support, feel free to get in touch using these channels. Your opinion matters a great deal As we strive to improve our product constantly, we’d also love to hear about your experience with Skailark: Link to NPS (10 seconds) |