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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 Capacity is set to decline by 1.3m seats to 114.5m in the week commencing Aug. 28, according to OAG.
- This is in line with seasonal norms, as the same week in 2019 also saw a 1.3m seat decline.
- Capacity for the next 4 weeks is set to fall to around 113.3m, with weekly capacity then dropping to around 97.5m at the start of the IATA winter season.
- Total capacity is 0.6% below the same period in 2019. Domestic capacity is 3.2% above 2019 levels, while international capacity remains 5.7% below.
- Global totals have been impacted by fluctuations in Northeast Asian and North American domestic markets.
- Northeast Asia’s domestic capacity is down 3.5% on the week, but 11.2% above the same week in 2019.
- In North America, domestic capacity is down 2.6% on the week, but is up 3.8% when compared to the same period in 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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