Chinese Airline Capacity Begins to Rebuild
As travel restrictions continue to be eased throughout Asia capacity continues to rebuild as airlines add more capacity and consumer confidence returns to the market. Both Thailand and Singapore removed all remaining travel restrictions for vaccinated travellers last week and despite Shanghai entering a fifth week of lockdowns the Chinese aviation market has seen some capacity added back in the last seven days.
Global airline capacity now stands at 88.5 million, another 3% up on the previous week and heading ever closer to the 90 million mark; if Chinese capacity production was similar to this time last year then we would be close to 95 million seats a week. We still have a long and increasingly harder journey back to the 109 million seats per week in 2019; if indeed, we ever reach back to that point. But compared to last year, things are looking a lot better in most markets.
Forward-Looking Airline Capacity
Confidence in the travel…
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