The dizzy heights of summer when global capacity was over 100 million seats a week are now a long way behind us. Capacity has slipped back to 89.4 million seats for the next seven days, a slightly lower level than last week and this week we can “blame” the US aviation market for that reduction, although it will bounce back quickly.
Major seasonal holidays invariably influence capacity, in this case Thanksgiving, and it’s not always for the good as we will show later. 89.4 million seats may seem soft but that it is +17% on last year, although still -15% compared to 2019 levels. Through the first half of 2023, It is likely (certainly at a global level) that capacity will remain around 15% below 2019 levels, apologies for sharing that with you!
What Does Capacity Look Like in 2023?
Glancing forward over the first few months of 2023 current capacity stands at around 6% below 2019 levels, however airlines have yet to really start looking into the new year, and the Chinese airlines…
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