Another week of more than 102 million scheduled seats makes this the eighth consecutive week above the 100 million mark and with September still holding above that point global capacity appears to remain strong through to the end of the summer holiday season; what happens after that though is anyone’s guess!
There appears to be growing concern about the last quarter of the year as a combination of economic news and limited visibility around corporate demand is finally beginning to get the attention it deserves. Whilst airline CEOs have a fine line to tread in being confident in future performance and realistic, those that are can smell the coffee (or indeed JetA1) and are finally getting a bit more cautious about the winter season. They may have reason too, but let’s focus on what remains of the summer!
As we head to the end of August, we have now added November to the forward-looking monthly scheduled capacity. Since November is the first month of the winter season there is…
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