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Aviation Industry Facing Potential Disruptions
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Navigating the turbulent aviation industry is quite a challenge.While the industry is complex, the economic and political circumstances make it even knottier. It doesn’t help that the aviation space is vulnerable to weather conditions.
Airline companies successfully manage between 100,000 and 130,000 flights per day, including commercial flights, cargo, private aviation, military operations, and training operations (Flightradar24).
Despite recent growth, the aviation industry is prone to disruptions, causing frustration for travelers and meaningful financial losses for airlines, airports, and hotels.
Cost of Disruptions
A major airline IT industry company, T2RL, estimates that disruptions cost the airline industry $60 billion per year.
Common Causes of Flight Disruptions
According to Amadeus, the most common reasons for flight disruptions include:
- Weather
- Strike action
- third-party issues
- Crew logistics
- Natural disasters
- Civil unrest
- Local anomalies
- Mechanical and technical problems
- Operational issues
- Health
Ryanair CEO Warns of Potential Cancellations
Ryanair’s chief executive officer, Michael O’Leary, warned that up to 100,000 passengers could have their flights disrupted next week due to a planned air traffic control union strike in France.
Image source: Ksenz-E/Shutterstock
O’Leary (SkyNews) stated that Ryanair (RYAAY) projects around 600 flights will be cancelled on october 8th and 9th, primarily overflights.
“That’s about 100,000 passengers who will have their flights canceled needlessly next wednesday [Oct. 8] and Thursday [Oct. 9]”
The UK is expected to be the most affected region.
Disruption impact – Projected flight Cancellations
| Date | Projected Cancellations (Ryanair) | Estimated |
|---|