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Tuesday, February 25, 2014

Impact of Sochi Olympics on airline traffic during the even

Sochi Olympics
The Sochi Winter Olympics saw a huge upsurge in the aviation traffic of the Adler Airport. There was a 50% increase in arrivals to the Adler airport during the Sochi Olympics. According to a
study published by Amadeus, the global airline industry had to increase its seat capacity to Sochi by 150% during the event.
 
As per the latest reports, the Adler Airport had the maximum number of flights from Moscow – 67% followed by 13% from other international airports. St. Petersburg sent almost 8% of the number of flights to Adler Airport followed by Krasnodar 7% and Frankfurt 5%.
 
The study also suggests that 1, 83, 764 visitors arrived by air which required 340 dual-aisle airliners, 725 single-aisle airliners and 64 regional airliners.
 
Sochi boasts of a prolific hotel industry which includes 9 five star properties, 33 four star hotels, 102 three star hotels, 29 two star properties and 337 un-rated accommodation options. Apart from 3, 68, 011 residents of Sochi, there were at least 6, 00, 000 international visitors came to Sochi during the Winter Olympics.
 
Some of the key figures of the Sochi Olympics are presented below:
• Moscow is the main hub that connects to Sochi. Among the 1,300 flights to Sochi, 1,000+ are domestic flights and 75% of these originate in one of Moscow’s three airports.
• Overall seat capacity to Sochi in February went up by nearly 150,000 seats (150% above normal).
• On average, there are 27 daily flights servicing Moscow-Sochi route. To give a relative comparison on global context, there are 30 daily flights servicing the New York-London route.
• Frankfurt and London were the top two European origin cities for flights to Sochi.
• In 2014, 60 direct flights were added from Frankfurt to Sochi. Interestingly, there are no direct flights from UK/France to Sochi.
• During the Olympics, average cost of return flight from Moscow to Sochi is Euro 600. After Olympics season, the cost drops down to Euro 100.

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