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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.
JET FUEL
Global scheduled airline capacity in the week commencing Oct. 2 is set to fall by 0.4% on the week to 111.8m seats, according to OAG.
- Global capacity is now 0.8% behind the same period in 2019.
- Chinese carriers have reduced some domestic capacity this week amid a reduction in business travel during the ongoing national holiday. Capacity in Northeast Asia is down 246k seats this week.
- European domestic capacity continues to drive the reduction in capacity, with a fall of 339k seats.
- Counterbalancing the falls in Europe and China is North America, where airlines have increased capacity by 154k seats.
- Global capacity is expected to settle around 105m seats per week when the IATA winter season begins. This will be approximately 1% below levels in winter 2019.
Source: OAG
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.
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