Airlines: BofA Seat Tracker: ULCC files full schedule

研报英文原文证据摘录

Airlines: BofA Seat Tracker: ULCC files full schedule

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Airlines

BofA Seat Tracker: ULCC files full schedule

Industry Overview

BofA Seat Tracker tracks weekly changes in capacity 13 July 2026

In this report, we track weekly system changes by carrier and outline monthly capacity Equity

by domestic, Europe, Latin America, and Asia Pacific regions. We also include changes in United States

the Canadian market on a regional basis, as well as key domestic and leisure markets. Airlines

4Q26 domestic growth +6.4% as ULCC files full schedule AndrewResearch G.AnalystDidora, CFA

This week, ULCC filed its schedules through the end of the year, now giving us a full look BofAS

+1 646 855 2924

at the 4Q26 domestic capacity growth picture. Growth now stands at +6.4%, as ULCC is andrew.didora@bofa.com

growing capacity +14.8%, the highest of all carriers. Outside of ULCC’s changes, DAL John Gellene, CFA

reduced growth in October and November, cutting its 4Q26 scheduled growth by -80bps Research Analyst

BofAS

to +7.4%, while AAL and UAL slightly adjusted growth higher. Monthly domestic growth +1 646 855 5193

now stands at +4.0%, +8.2%, and +7.1% in October, November, and December. We john.gellene@bofa.com

continue to expect domestic growth to be trimmed prior to the start of the quarter.

International changes limited this week DAL – Delta Air Lines

Similar to domestic changes this week, international changes were modest outside of AAL – American Airlines

ULCC’s schedule roll-forwards, which influenced Latin America capacity this week. 4Q26

Latin America growth is now -2.9%, above 3Q26’s -3.7%, led by LUV (+15.8%) and ULCC UAL – United Airlines

(+9.1%), while the network carriers’ capacity is flattish, and JBLU is shrinking capacity by LUV – Southwest Airlines

-4.9%.