Highline Forum 210721 SEA Activity and Outlook

Steady climb: SEA passenger and capacity recovery Passenger traffic at 71% and Scheduled capacity (seats) at 83% of 2019 levels as of June 2021. Source: As reported to the Port of Seattle by the airlines (passengers); Official Airline Guide [OAG] (seats) August flight schedule at 85% of 2019 capacity Airlines have restored most capacity to accommodate rebounding demand. Source: Official Airline Guide (OAG) August 2021 scheduled capacity by airline % of 2019 Airline schedule Alaska 97% American 85% Delta 81% Southwest 91% United 66% Revised 2021/2022 passenger activity outlook (July 2021) Activity scenarios were prepared representing a range of potential outcomes, with the baseline scenario currently considered the most likely outcome. Recovery to near 2019 activity level by 2023/24. Activity scenarios (% change in passengers from 2019) Year Passengers (M) Baseline High Low 2021 38.3 -26% -24% -29% 2022 49.3 -5% -4% -10% Prepared by Business Intelligence (7/14/21)
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