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Free AccessGlobal Air Passenger Capacity Rises on Week: OAG
Global airline passenger capacity rose 0.3% on the week to 103.1m seats in the seven days commencing Nov. 27, according to OAG.
- This puts current airline passenger capacity at 3.1% below the same pre-pandemic period in 2019.
- The full year forecast for 2023 total global passenger capacity is 5.5 billion seats, 3.6% below 2019, but 17.3% above 2022.
- The largest change came from rising domestic capacity in Southeast Asia, which rose by 55k seats on the week.
- Domestic capacity in Northeast Asia was also up by 46k seats, or 0.2% on the week, putting it 4.8% above 2019 levels.
- North America has seen a return in passenger capacity, following the end of the Thanksgiving Holiday, up 0.4% on the week.
Source: OAG
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.