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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 passenger capacity is set to decline to 117.16m seats in the seven days commencing from Sep. 09, OAG said.
- This represents a fall of 0.3% on the previous week and takes global capacity to its lowest level since June. 3.
- This week's decline continues to exceed that predicted by the previous forward schedule by 0.65m, as airlines shed seats after the summer peak.
- Domestic capacity is up 0.16% on the week to 67.91m seats.
- Meanwhile, international capacity is down 0.94% on the week to 49.25m seats.
- Total global capacity across September will be 505m seats in September, up 5.2% on the year and in line with the trend in recent months, OAG said.
- Northeast Asia leads the way in volume of seats and accounts for 6.5m of the total September increase. This equates to a year-on-year growth of 6.3%.
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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