Overcapacity, as
@White Heather alluded to the Spanish anti tourism lot, Greece Turkey unable to pick the slack just yet and let’s be honest Jet2 face little competition out of Leeds.
Coupled with the ongoing cost of been ripped off crisis (or squeezing the middle class) by large corporations and supermarkets it’s a recipe for this.
As for loads as
@LBA4EVER has said running high frequency with 75% LF if you condense that down that’s still 400 people if not more (PMI it’s around 1300 people based on 6 flights a day on a 737-300).
I think there’s also been a little bit of slow down due the political situation, election, unsure to book what will this new government do etc.
And then there’s the euros tournament which will have probably slowed down the late bookings.
Oh and as much as people don’t seem overly bothered after 10/20 years of constant talking about the climate I wonder if it’s suitably having an effect on peoples decisions.
And then there's also the nightmare travelling has become, almost deliberate to put people off, which it has/is doing. Even finding decent fares can be a challenge these days, although sites like
businessclassforless.com can sometimes help reduce the cost if you're willing to compare options.
All these factors.
I would also guess days of the week will affect the load factor due way people have leave.