{"id":11172,"date":"2025-09-16T11:09:05","date_gmt":"2025-09-16T11:09:05","guid":{"rendered":"https:\/\/www.cirium.com\/jp\/?post_type=cirium_blog&#038;p=11172"},"modified":"2026-03-31T18:23:54","modified_gmt":"2026-03-31T18:23:54","slug":"air-travel-demand-is-it-faltering","status":"publish","type":"cirium_blog","link":"https:\/\/www.cirium.com\/jp\/thoughtcloud\/air-travel-demand-is-it-faltering\/","title":{"rendered":"\u7c73\u56fd\u306e\u822a\u7a7a\u9700\u8981\uff1a\u6e1b\u901f\u306e\u5146\u3057\uff1f"},"content":{"rendered":"\n<div class=\"wp-block-columns are-vertically-aligned-center is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:15%\">\n<figure class=\"wp-block-image aligncenter size-full is-style-rounded lnrs-hide-block-on-mobile\"><img decoding=\"async\" src=\"https:\/\/assets.fta.cirium.com\/wp-content\/uploads\/2023\/12\/18223300\/Thomas-Sweeney-Ascend.jpg\" alt=\"Thomas Sweeney - Cirium Ascend Consultancy\" class=\"wp-image-57517\" style=\"aspect-ratio:1;object-fit:cover\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full is-resized is-style-rounded lnrs-hide-block-on-desktop\"><img decoding=\"async\" src=\"https:\/\/assets.fta.cirium.com\/wp-content\/uploads\/2023\/12\/18223300\/Thomas-Sweeney-Ascend.jpg\" alt=\"Thomas Sweeney - Cirium Ascend Consultancy\" class=\"wp-image-57517\" style=\"aspect-ratio:1;object-fit:cover;width:150px\"\/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"padding-top:var(--wp--preset--spacing--20);padding-right:var(--wp--preset--spacing--40);padding-bottom:var(--wp--preset--spacing--20);padding-left:var(--wp--preset--spacing--40)\">\n<figure class=\"wp-block-image size-large is-resized\"><img decoding=\"async\" src=\"https:\/\/assets.fta.cirium.com\/wp-content\/uploads\/2025\/09\/25061515\/CIRIUM%C2%B7ascend-consultancy-positive-no-trademark-1750x294.png\" alt=\"\" class=\"wp-image-97300\" style=\"width:250px\"\/><\/figure>\n\n\n\n<p class=\"has-x-large-font-size\" style=\"padding-top:var(--wp--preset--spacing--10)\"><strong>Thomas Sweeney<\/strong>, Valuations Associate, <strong>Cirium Ascend Consultancy<\/strong><\/p>\n<\/div>\n<\/div>\n\n\n\n<div style=\"height:32px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"\">\u590f\u306e\u7d42\u308f\u308a\u3092\u8fce\u3048\u3001<a href=\"https:\/\/www.cirium.com\/resources\/aviation-industry-events\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u4eca\u5f8c\u6570\u30f6\u6708\u306b\u308f\u305f\u308b\u4f1a\u8b70\u3084\u30a4\u30d9\u30f3\u30c8\u306e\u7e41\u5fd9\u671f\u3092\u898b\u636e\u3048\u308b\u4e2d\u3067<\/a>\u3001\u534a\u5e74\u307b\u3069\u524d\u306b\u306f\u4e88\u6e2c\u4e0d\u53ef\u80fd\u306b\u601d\u308f\u308c\u305f\u65c5\u884c\u9700\u8981\u3078\u306e\u30ea\u30b9\u30af\u304c\u3001\u3069\u306e\u3088\u3046\u306b\u5177\u4f53\u5316\u3057\u3066\u304d\u305f\u304b\u3092\u691c\u8a3c\u3057\u305f\u3044\u3068\u601d\u3044\u307e\u3059\u3002\u4eca\u5e744\u6708\u306b\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u304c\u5e83\u7bc4\u306a\u95a2\u7a0e\u3092\u767a\u8868\u3057\u305f\u969b\u3001\u305d\u308c\u306b\u7d9a\u304f\u7d4c\u6e08\u306e\u4e0d\u78ba\u5b9f\u6027\u306f\u3001\u822a\u7a7a\u6a5f\u53d6\u5f15\u3078\u306e\u76f4\u63a5\u7684\u306a\u5f71\u97ff\u3068\u540c\u7a0b\u5ea6\u306b\u822a\u7a7a\u30bb\u30af\u30bf\u30fc\u306b\u3068\u3063\u3066\u5927\u304d\u306a\u30ea\u30b9\u30af\u3068\u306a\u308a\u307e\u3057\u305f\u3002\u5f8c\u8005\u306e\u5f71\u97ff\u306f\u5f15\u304d\u7d9a\u304d\u5b9a\u7fa9\u3055\u308c\u3001\u4ea4\u6e09\u304c\u9032\u3081\u3089\u308c\u3066\u3044\u307e\u3059\u304c\u3001\u524d\u8005\u306b\u3064\u3044\u3066\u306f\u3042\u308b\u7a0b\u5ea6\u660e\u78ba\u306b\u306a\u3063\u3066\u304d\u307e\u3057\u305f\u3002\u7c73\u56fd\u5e02\u5834\u306f\u5f53\u7136\u306a\u304c\u3089\u6700\u8fd1\u306e\u51fa\u6765\u4e8b\u306e\u5f71\u97ff\u3092\u6700\u3082\u76f4\u63a5\u7684\u306b\u53d7\u3051\u3066\u3044\u307e\u3059\u304c\u3001\u7c73\u56fd\u7d4c\u6e08\u306e\u4e0d\u5b89\u5b9a\u3055\u3068\u7e2e\u5c0f\u306f\u5e38\u306b\u4e16\u754c\u7684\u306a\u5f71\u97ff\u3092\u53ca\u307c\u3057\u307e\u3059\u3002\u7c73\u56fd\u306f\u4e16\u754c\u306e\u57fa\u8ef8\u901a\u8ca8\u3092\u767a\u884c\u3059\u308b\u56fd\u3067\u3042\u308a\u3001\u4e16\u754c\u4e2d\u3067\u4fdd\u6709\u3055\u308c\u308b\u4e3b\u8981\u306a\u56fd\u50b5\u306e\u6e90\u6cc9\u3067\u3042\u308b\u7c73\u56fd\u7d4c\u6e08\u306e\u4e0d\u5b89\u5b9a\u6027\u306f\u3001\u30c9\u30eb\u4fa1\u5024\u306e\u5909\u52d5\u3001\u7c73\u56fd\u50b5\u5229\u56de\u308a\u3001\u305d\u3057\u3066\u4e16\u754c\u306e\u6210\u9577\u671f\u5f85\u306e\u57fa\u76e4\u3068\u306a\u308b\u751f\u7523\u6027\u306e\u52d5\u5411\u3092\u901a\u3058\u3066\u3001\u8fc5\u901f\u306b\u4e16\u754c\u5e02\u5834\u306b\u5f71\u97ff\u3092\u53ca\u307c\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"\">\u7d4c\u6e08\u5b66\u8005\u305f\u3061\u306f\u3001\u7c73\u56fd\u304c\u666f\u6c17\u5f8c\u9000\u306b\u9665\u3063\u3066\u3044\u308b\u306e\u304b\u3069\u3046\u304b\u3092\u554f\u3044\u7d9a\u3051\u3066\u3044\u307e\u3059\u3002\u95a2\u7a0e\u304c\u767a\u8868\u3055\u308c\u305f\u76f4\u5f8c\u306b\u306f\u3001\u591a\u304f\u306e\u30a8\u30b3\u30ce\u30df\u30b9\u30c8\u304c\u3001\u7a4f\u3084\u304b\u306a\u304c\u3089\u3082\u666f\u6c17\u5f8c\u9000\u3092\u4e88\u6e2c\u3057\u3066\u3044\u307e\u3057\u305f\u3002\u653f\u5e9c\u306e\u30c7\u30fc\u30bf\u306b\u3088\u308c\u3070\u3001\u7d4c\u6e08\u306f\u6210\u9577\u3057\u3066\u304a\u308a\u3001\u4eca\u306e\u3068\u3053\u308d\u666f\u6c17\u5f8c\u9000\u306f\u56de\u907f\u3055\u308c\u3066\u3044\u307e\u3059 <a id=\"_ftnref1\" href=\"#_ftn1\"><sup>[1]<\/sup><\/a>\u3002\u3057\u304b\u3057\u3001\u7d4c\u6e08\u5b66\u8005\u306e\u9593\u3067\u306e\u5171\u901a\u898b\u89e3\u306f\u3001\u56fd\u5185\u306e\u6210\u9577\u304c\u7d4c\u6e08\u30bb\u30af\u30bf\u30fc\u3001\u793e\u4f1a\u7d4c\u6e08\u968e\u7d1a\u3001\u5730\u7406\u7684\u5730\u57df\u306e\u3044\u305a\u308c\u306b\u304a\u3044\u3066\u3082\u6975\u3081\u3066\u4e0d\u5747\u7b49\u306b\u5206\u5e03\u3057\u3066\u3044\u308b\u3068\u3044\u3046\u3082\u306e\u3067\u3059\u3002AI\u3078\u306e\u5927\u898f\u6a21\u306a\u6295\u8cc7\u306f\u3001\u3053\u306e\u6280\u8853\u3092\u958b\u767a\u30fb\u6d3b\u7528\u3059\u308b\u4f01\u696d\u306b\u529b\u5f37\u3044\u6210\u9577\u3092\u3082\u305f\u3089\u3057\u307e\u3057\u305f<a id=\"_ftnref2\" href=\"#_ftn2\"><sup>[2]<\/sup><\/a>\u3002\u6210\u9577\u306e\u3082\u3046\u4e00\u3064\u306e\u4e3b\u8981\u306a\u63a8\u9032\u529b\u306f\u3001\u7c73\u56fd\u3067\u6700\u3082\u88d5\u798f\u306a\u5c64\u306b\u3088\u308b\u3082\u306e\u3067\u3059\u3002\u6240\u5f97\u4e0a\u4f4d10%\u304c\u6d88\u8cbb\u306e\u307b\u307c50%\u3092\u5360\u3081\u3066\u3044\u307e\u3059<a id=\"_ftnref3\" href=\"#_ftn3\"><sup>[3]<\/sup><\/a>\u3002\u822a\u7a7a\u65c5\u884c\u306e\u9700\u8981\u306f\u3001\u5bcc\u88d5\u5c64\u306e\u6d88\u8cbb\u3068AI\u6295\u8cc7\u306b\u3088\u3063\u3066\u652f\u3048\u3089\u308c\u3066\u3044\u308b\u306e\u3067\u3057\u3087\u3046\u304b\u3001\u305d\u308c\u3068\u3082\u3053\u308c\u3089\u306e\u5206\u91ce\u4ee5\u5916\u3067\u306f\u3001\u3088\u308a\u8106\u5f31\u306a\u7d4c\u6e08\u3092\u793a\u3059\u5f31\u3055\u304c\u5b58\u5728\u3059\u308b\u306e\u3067\u3057\u3087\u3046\u304b\uff1f<\/p>\n\n\n\n<p class=\"\">\u7c73\u56fd\u306e\u4f9b\u7d66\u80fd\u529b\uff08ASK\uff09\u306e\u6210\u9577\u306f\u3001\u4ed6\u306e\u8981\u56e0\u306e\u4e2d\u3067\u3082\u7279\u306bGDP\u5168\u4f53\u306e\u6210\u9577\u3068\u76f8\u95a2\u3057\u3066\u3044\u307e\u3059\u3002\u3053\u306e\u76f8\u95a2\u306f\u76f4\u63a5\u7684\u3067\u306f\u3042\u308a\u307e\u305b\u3093 \u2014 \u822a\u7a7a\u5e02\u5834\u306b\u306f\u4e00\u822c\u7d4c\u6e08\u3068\u306f\u7570\u306a\u308b\u7279\u7570\u6027\u304c\u3042\u308a\u307e\u3059 \u2014 \u304c\u3001\u305d\u306e\u95a2\u9023\u6027\u306f\u660e\u78ba\u3067\u3059\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"917\" height=\"543\" src=\"https:\/\/assets.fta.cirium.com\/wp-content\/uploads\/sites\/2\/2025\/09\/16081753\/US-GPD-and-Airlines-Capacity-Growth-Rates_img1.png\" alt=\"\" class=\"wp-image-11175\" srcset=\"https:\/\/assets.fta.cirium.com\/wp-content\/uploads\/sites\/2\/2025\/09\/16081753\/US-GPD-and-Airlines-Capacity-Growth-Rates_img1.png 917w, https:\/\/assets.fta.cirium.com\/wp-content\/uploads\/sites\/2\/2025\/09\/16081753\/US-GPD-and-Airlines-Capacity-Growth-Rates_img1-300x178.png 300w, https:\/\/assets.fta.cirium.com\/wp-content\/uploads\/sites\/2\/2025\/09\/16081753\/US-GPD-and-Airlines-Capacity-Growth-Rates_img1-768x455.png 768w\" sizes=\"auto, (max-width: 917px) 100vw, 917px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center has-small-font-size\"><em>\u30b0\u30e9\u30d5\uff1aCirium Core\u3068Federal Reserve Economic Data (FRED) \u63d0\u4f9b<\/em><\/p>\n\n\n\n<p class=\"\">\u76f4\u8fd1\u6570\u30f6\u6708\u306b\u7126\u70b9\u3092\u5f53\u3066\u308b\u3068\u3001\u56fd\u5185\u306e\u4f9b\u7d66\u80fd\u529b\u306f2025\u5e74\u306e\u65b9\u304c2024\u5e74\u3088\u308a\u3082\u6210\u9577\u304c\u920d\u5316\u3057\u3066\u304a\u308a\u3001\u4e00\u90e8\u306e\u6708\u3067\u306f\u4f9b\u7d66\u80fd\u529b\u304c\u7e2e\u5c0f\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"886\" height=\"482\" src=\"https:\/\/assets.fta.cirium.com\/wp-content\/uploads\/sites\/2\/2025\/09\/16081827\/US-Domestic-ASK-Growth-YOY_img2.png\" alt=\"\" class=\"wp-image-11176\" srcset=\"https:\/\/assets.fta.cirium.com\/wp-content\/uploads\/sites\/2\/2025\/09\/16081827\/US-Domestic-ASK-Growth-YOY_img2.png 886w, https:\/\/assets.fta.cirium.com\/wp-content\/uploads\/sites\/2\/2025\/09\/16081827\/US-Domestic-ASK-Growth-YOY_img2-300x163.png 300w, https:\/\/assets.fta.cirium.com\/wp-content\/uploads\/sites\/2\/2025\/09\/16081827\/US-Domestic-ASK-Growth-YOY_img2-768x418.png 768w\" sizes=\"auto, (max-width: 886px) 100vw, 886px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center has-small-font-size\"><em>\u30b0\u30e9\u30d5\uff1aCirium Core \u63d0\u4f9b<\/em><\/p>\n\n\n\n<p class=\"\">\u7c73\u56fd\u306e\u8907\u6570\u306e\u822a\u7a7a\u4f1a\u793e\u306f\u3001\u95a2\u7a0e\u306b\u3088\u308b\u7d4c\u6e08\u306e\u4e0d\u78ba\u5b9f\u6027\u306b\u5bfe\u5fdc\u3059\u308b\u305f\u3081\u3001\u7b2c2\u56db\u534a\u671f\u4ee5\u964d\u3001\u4f9b\u7d66\u80fd\u529b\u3092\u524a\u6e1b\u3057\u307e\u3057\u305f\u3002\u7c73\u56fd\u306e\u822a\u7a7a\u4f1a\u793e\u306b\u3088\u308b\u56fd\u5185\u7dda\u304a\u3088\u3073\u56fd\u969b\u7dda\u306e\u8a08\u753b\u4f9b\u7d66\u80fd\u529b\u306f\u3001\u6700\u59273%\u524a\u6e1b\u3055\u308c\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1243\" height=\"637\" src=\"https:\/\/assets.fta.cirium.com\/wp-content\/uploads\/sites\/2\/2025\/09\/16102408\/US-Airlines-Planned-Capacity-Growth_img3-1.png\" alt=\"\" class=\"wp-image-11186\" style=\"width:840px;height:auto\" srcset=\"https:\/\/assets.fta.cirium.com\/wp-content\/uploads\/sites\/2\/2025\/09\/16102408\/US-Airlines-Planned-Capacity-Growth_img3-1.png 1243w, https:\/\/assets.fta.cirium.com\/wp-content\/uploads\/sites\/2\/2025\/09\/16102408\/US-Airlines-Planned-Capacity-Growth_img3-1-300x154.png 300w, https:\/\/assets.fta.cirium.com\/wp-content\/uploads\/sites\/2\/2025\/09\/16102408\/US-Airlines-Planned-Capacity-Growth_img3-1-1024x525.png 1024w, https:\/\/assets.fta.cirium.com\/wp-content\/uploads\/sites\/2\/2025\/09\/16102408\/US-Airlines-Planned-Capacity-Growth_img3-1-768x394.png 768w\" sizes=\"auto, (max-width: 1243px) 100vw, 1243px\" \/><\/figure>\n\n\n\n<p class=\"\">\u4f9b\u7d66\u80fd\u529b\u306e\u6210\u9577\u306f\u3001\u8fd1\u5e74\u306e\u4e0d\u78ba\u5b9f\u6027\u304c\u8584\u3089\u3044\u3060\u305f\u3081\u304b\u3001\u5e74\u5f8c\u534a\u306b\u306f\u56de\u5fa9\u3057\u3064\u3064\u3042\u308a\u307e\u3059\u3002\u305d\u308c\u3067\u3082\u306a\u304a\u3001Covid-19\u30d1\u30f3\u30c7\u30df\u30c3\u30af\u306e\u5f71\u97ff\u3092\u5f37\u304f\u53d7\u3051\u305f2020\u5e74\u3092\u9664\u3051\u3070\u30012025\u5e74\u306f\u904e\u53bb10\u5e74\u9593\u3067\u4f9b\u7d66\u80fd\u529b\u306e\u6210\u9577\u304c\u6700\u3082\u5f31\u3044\u5e74\u3068\u306a\u308b\u898b\u8fbc\u307f\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"\">\u3053\u306e\u72b6\u6cc1\u306f\u3001\u4f9d\u7136\u3068\u3057\u3066\u5927\u304d\u306a\u30ea\u30b9\u30af\u304c\u5b58\u5728\u3059\u308b\u6210\u9577\u7d4c\u6e08\u306e\u59ff\u3068\u4e00\u81f4\u3057\u3066\u3044\u307e\u3059\u3002\u7c73\u56fd\u5185\u306e\u65c5\u884c\u9700\u8981\uff08\u304a\u3088\u3073\u305d\u306e\u7d50\u679c\u3068\u3057\u3066\u306e\u4f9b\u7d66\u80fd\u529b\uff09\u306f\u3001\u7d4c\u6e08\u306e\u6025\u6210\u9577\u30bb\u30af\u30bf\u30fc\u3001\u7279\u306b\u983b\u7e41\u306b\u65c5\u884c\u3057\u3001\u3088\u308a\u53ce\u76ca\u6027\u306e\u9ad8\u3044\u30af\u30e9\u30b9\u3092\u5229\u7528\u3059\u308b\u5bcc\u88d5\u5c64\u306e\u6d88\u8cbb\u8005\u306b\u4f9d\u5b58\u3057\u3066\u3044\u307e\u3059\u3002\u4f9b\u7d66\u80fd\u529b\u306e\u6210\u9577\u3092\u6291\u5236\u3057\u3001\u30d7\u30ec\u30df\u30a2\u30e0\u65c5\u884c\u306b\u7126\u70b9\u3092\u5f53\u3066\u308b\u3053\u3068\u306f\u3001\u822a\u7a7a\u4f1a\u793e\u306b\u3068\u3063\u3066\u53ce\u76ca\u6027\u3092\u9ad8\u304f\u4fdd\u3064\u4e0a\u3067\u30d7\u30e9\u30b9\u306b\u50cd\u304f\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u30022025\u5e74\u4e0b\u534a\u671f\u3067\u306f\u3001\u30a8\u30b3\u30ce\u30df\u30fc\u30af\u30e9\u30b9\u306e\u5ea7\u5e2d\u306b\u304a\u3051\u308b\u4f9b\u7d66\u80fd\u529b\u306e\u6210\u9577\u306f\u306f\u308b\u304b\u306b\u9045\u304f\u3001\u30d3\u30b8\u30cd\u30b9\u30af\u30e9\u30b9\u306e\u5ea7\u5e2d\u306f\u3088\u308a\u5805\u8abf\u306b\u63a8\u79fb\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"887\" height=\"413\" src=\"https:\/\/assets.fta.cirium.com\/wp-content\/uploads\/sites\/2\/2025\/09\/16081916\/US-Domestic-Seat-Growth-by-Cabin-YOY_img4.png\" alt=\"\" class=\"wp-image-11178\" srcset=\"https:\/\/assets.fta.cirium.com\/wp-content\/uploads\/sites\/2\/2025\/09\/16081916\/US-Domestic-Seat-Growth-by-Cabin-YOY_img4.png 887w, https:\/\/assets.fta.cirium.com\/wp-content\/uploads\/sites\/2\/2025\/09\/16081916\/US-Domestic-Seat-Growth-by-Cabin-YOY_img4-300x140.png 300w, https:\/\/assets.fta.cirium.com\/wp-content\/uploads\/sites\/2\/2025\/09\/16081916\/US-Domestic-Seat-Growth-by-Cabin-YOY_img4-768x358.png 768w\" sizes=\"auto, (max-width: 887px) 100vw, 887px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center has-small-font-size\"><em>\u30b0\u30e9\u30d5\uff1aCirium Core \u63d0\u4f9b<\/em><\/p>\n\n\n\n<p class=\"\">\u7c73\u56fd\u306e\u5e73\u5747\u500b\u4eba\u6d88\u8cbb\u652f\u51fa\u306f2020\u5e74\u4ee5\u6765\u306e\u6700\u3082\u4f4e\u3044\u6c34\u6e96\u3067\u4f38\u3073\u3066\u304a\u308a<a href=\"#_ftn4\"><sup>[4]<\/sup><\/a>\u3001\u3053\u308c\u304c\u9700\u8981\u306e\u8edf\u5316\u3068\u4f9b\u7d66\u80fd\u529b\u306e\u6210\u9577\u920d\u5316\u306b\u3064\u306a\u304c\u3063\u3066\u3044\u307e\u3059\u3002\u305f\u3068\u3048\u305d\u308c\u304c\u53ce\u76ca\u6027\u306e\u4f4e\u3044\u30af\u30e9\u30b9\u3084\u5206\u91ce\u3067\u3042\u3063\u3066\u3082\u3067\u3059\u3002\u65c5\u884c\u9700\u8981\u306f\u3001\u7c73\u56fd\u7d4c\u6e08\u5168\u822c\u3068\u540c\u69d8\u306b\u3001\u6700\u3082\u88d5\u798f\u306a\u5c64\u306e\u6d88\u8cbb\u52d5\u5411\u306b\u975e\u5e38\u306b\u654f\u611f\u3067\u3042\u308b\u53ef\u80fd\u6027\u304c\u9ad8\u3044\u3067\u3059\u3002AI\u3078\u306e\u4fe1\u983c\u611f\u3084\u6295\u8cc7\u306e\u843d\u3061\u8fbc\u307f\u306a\u3069\u3001\u3053\u306e\u5c64\u306e\u6d88\u8cbb\u7fd2\u6163\u306b\u5f71\u97ff\u3092\u4e0e\u3048\u308b\u3044\u304b\u306a\u308b\u666f\u6c17\u5f8c\u9000\u3082\u3001\u822a\u7a7a\u65c5\u884c\u9700\u8981\u306b\u8fc5\u901f\u306b\u5f71\u97ff\u3092\u53ca\u307c\u3059\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002\u30ea\u30b9\u30af\u304c\u3053\u306e\u3088\u3046\u306b\u96c6\u4e2d\u3057\u3066\u3044\u308b\u305f\u3081\u3001\u3053\u306e\u5c64\u306b\u95a2\u3059\u308b\u7d4c\u6e08\u6307\u6a19\u306b\u7d30\u5fc3\u306e\u6ce8\u610f\u3092\u6255\u3046\u5fc5\u8981\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"\">\u7c73\u56fd\u306e\u56fd\u5185\u5e02\u5834\u306f\u4ed6\u306e\u5730\u57df\u306b\u6bd4\u3079\u3066\u8457\u3057\u304f\u5f31\u3044\u3067\u3059\u3002\u95a2\u7a0e\u304c\u4ed6\u56fd\u306b\u4e0e\u3048\u308b\u5f71\u97ff\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u3001\u307b\u3068\u3093\u3069\u306e\u56fd\u3067\u306f\u5e74\u521d\u306b\u6bd4\u3079\u3066\u7d4c\u6e08\u304c\u5927\u5e45\u306b\u5f31\u307e\u3063\u305f\u69d8\u5b50\u306f\u898b\u3089\u308c\u307e\u305b\u3093\u3002\u4e16\u754c\u306e\u5b9a\u671f\u4fbfASK\u6210\u9577\u7387\u306f\u5065\u5168\u3067\u3001\u4eca\u5e74\u306e\u5927\u90e8\u5206\u30674%\u304b\u30896%\u306e\u9593\u3067\u63a8\u79fb\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"921\" height=\"466\" src=\"https:\/\/assets.fta.cirium.com\/wp-content\/uploads\/sites\/2\/2025\/09\/16082214\/Global-ASK-Growth_img5.png\" alt=\"\" class=\"wp-image-11179\" srcset=\"https:\/\/assets.fta.cirium.com\/wp-content\/uploads\/sites\/2\/2025\/09\/16082214\/Global-ASK-Growth_img5.png 921w, https:\/\/assets.fta.cirium.com\/wp-content\/uploads\/sites\/2\/2025\/09\/16082214\/Global-ASK-Growth_img5-300x152.png 300w, https:\/\/assets.fta.cirium.com\/wp-content\/uploads\/sites\/2\/2025\/09\/16082214\/Global-ASK-Growth_img5-768x389.png 768w\" sizes=\"auto, (max-width: 921px) 100vw, 921px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center has-small-font-size\"><em>\u30b0\u30e9\u30d5\uff1aCirium Core \u63d0\u4f9b<\/em><\/p>\n\n\n\n<p class=\"\">\u4e16\u754c\u306e\u9700\u8981\u306f\u4f9d\u7136\u3068\u3057\u3066\u5805\u8abf\u3067\u3059\u3002\u3057\u304b\u3057\u3001\u4e16\u754c\u7d4c\u6e08\u3068\u91d1\u878d\u30b7\u30b9\u30c6\u30e0\u306e\u6027\u8cea\u4e0a\u3001\u7c73\u56fd\u306e\u554f\u984c\u306f\u4e16\u754c\u7684\u306b\u5927\u304d\u306a\u5f71\u97ff\u3092\u53ca\u307c\u3057\u307e\u3059\u3002\u7c73\u56fd\u306e\u6210\u9577\u306f\u73fe\u5728\u3001\u5c11\u6570\u306e\u5c0f\u898f\u6a21\u306a\u30b0\u30eb\u30fc\u30d7\u306b\u4f9d\u5b58\u3057\u3066\u3044\u307e\u3059\u3002\u305d\u3053\u3067\u306e\u8edf\u5316\u306f\u3001\u7c73\u56fd\u306e\u56fd\u5185\u822a\u7a7a\u5e02\u5834\u3060\u3051\u3067\u306a\u304f\u3001\u4e16\u754c\u4e2d\u306e\u65c5\u5ba2\u9700\u8981\u306b\u3082\u4e0b\u6d41\u52b9\u679c\u3092\u3082\u305f\u3089\u3059\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002\u3057\u305f\u304c\u3063\u3066\u3001\u79c1\u305f\u3061\u306f\u8b66\u544a\u30b5\u30a4\u30f3\u3092\u898b\u9003\u3055\u306a\u3044\u3088\u3046\u3053\u306e\u5e02\u5834\u306e\u5065\u5168\u6027\u3092\u7d99\u7d9a\u7684\u306b\u76e3\u8996\u3057\u3001\u305d\u308c\u3089\u306e\u8ab2\u984c\u306b\u3069\u306e\u3088\u3046\u306b\u5bfe\u51e6\u3059\u308b\u304b\u3092\u7a4d\u6975\u7684\u306b\u691c\u8a0e\u3059\u308b\u3053\u3068\u304c\u4e0d\u53ef\u6b20\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"\"><strong>Airline Economics Growth Frontiers London 2025\u3067<a href=\"https:\/\/www.cirium.com\/resources\/aviation-industry-events\/airline-economics-growth-frontiers-london-2025\/?cmpid=soc|all|CIAO1_202509_emea_financial|AE-Growth-Frontiers-London-article-ja_m&amp;sfid=701dP00000OcLf8QAF\" target=\"_blank\" rel=\"noreferrer noopener\">Cirium\u30c1\u30fc\u30e0\u306b\u304a\u4f1a\u3044\u3057\u307e\u3057\u3087\u3046<\/a>\u3002<\/strong><\/p>\n\n\n\n<p class=\"\">2025\u5e749\u670818\u65e5\uff08\u6728\uff0914:00\u304b\u3089\u306eSAF\u30d1\u30cd\u30eb\u3067\u30c8\u30fc\u30de\u30b9\u306e\u8b1b\u6f14\u3092\u304a\u805e\u304d\u304f\u3060\u3055\u3044\u3002<\/p>\n\n\n\n<p class=\"\">\u30a8\u30ec\u30cb\u30fb\u30de\u30e9\u30b0\u30af\u306f2025\u5e749\u670817\u65e5\uff08\u6c34\uff0911:40\u304b\u3089\u306e\u30ea\u30fc\u30b9\u6599\u7387\uff06\u8a55\u4fa1\u30d1\u30cd\u30eb\u306b\u53c2\u52a0\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"is-style-default has-small-font-size\"><a href=\"#_ftnref1\" id=\"_ftn1\">[1]<\/a> https:\/\/fred.stlouisfed.org\/series\/GDPC1<br><a href=\"#_ftnref2\" id=\"_ftn2\">[2]<\/a> https:\/\/www.ft.com\/content\/e9be3e3f-2efe-42f7-b2d2-8ab3efea27a8<br><a href=\"#_ftnref3\" id=\"_ftn3\">[3]<\/a> https:\/\/www.wsj.com\/economy\/consumers\/us-economy-strength-rich-spending-2c34a571<br><a href=\"#_ftnref4\" id=\"_ftn4\">[4]<\/a> https:\/\/fred.stlouisfed.org\/series\/PCECC96<\/p>\n\n\n\n<p class=\"\"><\/p>\n\n\n\n<p class=\"\"><\/p>\n\n\n\n<p class=\"\"><\/p>\n\n\n\n<p class=\"\"><\/p>\n\n\n\n<p class=\"\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u7c73\u56fd\u306e\u822a\u7a7a\u9700\u8981\u306f\u6e1b\u901f\u306e\u5146\u3057\u3092\u898b\u305b\u3066\u3044\u307e\u3059\u304c\u3001\u30c7\u30fc\u30bf\u306f\u30b0\u30ed\u30fc\u30d0\u30eb\u5e02\u5834\u304c\u4f9d\u7136\u3068\u3057\u3066\u5805\u8abf\u3067\u3042\u308b\u3053\u3068\u3092\u793a\u3057\u3066\u3044\u307e\u3059\u3002\u30c8\u30fc\u30de\u30b9\u30fb\u30b9\u30a6\u30a3\u30fc\u30cb\u30fc\u304c\u3001\u9700\u8981\u306b\u5bfe\u3059\u308b\u30ea\u30b9\u30af\u3092\u8a55\u4fa1\u3057\u3001\u7c73\u56fd\u5e02\u5834\u3068\u30b0\u30ed\u30fc\u30d0\u30eb\u65c5\u884c\u5e02\u5834\u306e\u95a2\u9023\u6027\u3092\u63a2\u308a\u307e\u3059\u3002<\/p>\n","protected":false},"author":44,"featured_media":11180,"template":"wp-custom-template-tc-template","cirium_product":[178,177,175,176,174],"cirium_category":[82,173,86,87],"cirium_topic":[],"class_list":["post-11172","cirium_blog","type-cirium_blog","status-publish","has-post-thumbnail","hentry","cirium_product-178","cirium_product-177","cirium_product-175","cirium_product-176","cirium_product-174","cirium_category-ascend-consultancy","cirium_category-173","cirium_category-expert-view","cirium_category-aviation-finance"],"yoast_head":"<!-- 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