Global airline capacity has bounced back as a combination of both lockdowns in China and the end of Golden Week has resulted in airline capacity moving back to 97.2 million. In a nutshell, all that increase is down to the growth in China, although quite how long before the next capacity cut is anyone’s guess.t. This week’s capacity data would be very quiet if it wasn’t for that one major change in China.
Capacity to the year-end continues to edge up week-on-week as some airlines continue to finalise their winter schedules. The current expectation for the end of the year is for capacity to reach around 4.8 billion which is 32% up on last year, but around 17% below the 2019 high water mark. Depending on where you are in the table those numbers can either be viewed as “good or bad news”. The probability of a full recovery in capacity by the end of 2023 now looks increasingly slim given that the first quarter of the year is typically the weakest point for the industry,…
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