The latest reopening of some commercial centres in China has resulted in a slight increase in global airline capacity back to 97.4 million which keeps global capacity within 15% of its pre-pandemic 2019 levels. The rest of the market seems to reflect the wider global mood of reflection as everything seems to have paused in the last seven days.
The next few weeks will see capacity reduce further as the last weeks of the summer season wind down in many markets. Quite how strong the summer season was for the airline industry will be determined in the next few weeks as the cash is counted, but the challenges of resources remain with many airports and airlines still struggling.
Three Months Forward-Looking Airline Capacity +24% YoY
Looking at the forward capacity through to the end of November allows you to either have a “glass half full” or “glass half empty” perspective. Capacity for the three months is 24% up on the same time series last year but as the chart shows there is a…
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