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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 airline capacity has fallen to 110.5m in the week commencing Oct. 9, according to OAG, down 1.1% on the previous week.
- This is equivalent to a fall of around 1.3m seats coming out of schedule, according to OAG.
- Capacity is now 1.6% below levels seen during the same period in 2019, prior to the pandemic and its impact on global travel.
- Domestic reductions have been driven by a fall in Northeast Asia, responsible for 83% of the decrease. This is likely due to an abating of travel demand in China following the end of its Golden Week holiday period.
- Domestic capacity constitutes 66.4m seats, in-line with pre-pandemic levels of 2019. International travel still lags 2019 levels, trailing by 4% at 44.2m seats.
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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