The Transatlantic Aviation Market Reopens in November and Scheduled Airlines Respond by Cutting Capacity Further!
Global airline capacity has increased week-on-week but remains stubbornly below the 80 million mark with an additional 180,000 seats taking the global total to 79 million (with a little bit of rounding up). A 0.2% increase in seats is at least a positive development compared to recent weeks, but capacity remains 30% below the 2019 level with little hope of an improvement in the coming weeks. The reopening of the United States, at a date sometime in November, may have resulted in a surge of airline bookings but it certainly hasn’t resulted in airlines adding capacity as we will highlight later.
Airlines continue to cut more and more capacity to the year-end, with another 13.2 million seats removed to the end of December around the globe. Since the first week of September, airlines have removed nearly 75 million seats to the year-end; that is not the behaviour of an…