Annual global schedule reliability improved in 2023, but only reached level of 2020
Annual global schedule reliability improved by 19.5 percentage points (PP) from 42.6% to 62.1% to 2023. Despite the sharp improvement, it only reached the level of 2020, and still below the 70%-80% of 2012-2019. What is concerning however, is that schedule reliability has declined M/M the entire Q4, and we are likely to see a similar impact for January 2024 due to the Red Sea Crisis.

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