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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 Airline Passenger capacity is largely stable in the week commencing Nov. 13, with just a 0.1% reduction in seats, according to OAG.
- That takes current global airline passenger capacity to 103.2m seats, 3.2% the same period in 2019.
- The forecast for full year 2023 now stands at 5.55 billion seats, 3.6% behind 2019, but 17.3% higher than 2022.
- Domestic capacity rose on the week, up 0.16%, while international seats were down 0.6%.
- The main lag in international capacity compared to 2019 remains in Asia, with South Asia 21.2% below 2019 levels, while North Asia is 27.2% below 2019 levels.
- Overall passenger seats in North Asia still lag 2019 levels by 4.1.
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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