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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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Passenger loads at China’s top three airlines are rebounding as travel picks up again according to Bloomberg.
- The January data was boosted by extra travel related to the Lunar New Year holidays as the country reopens following covid restrictions.
- China Southern Airlines had the highest passenger load factor filling 72.7% of seats in January, an increase of 63% from a year ago. Air China has a passenger load factor of 69.9% and China Eastern Airlines at 68.3%.
- A Civil Aviation Administration of China official said last month that China expects the number of international flights to rebound to between 15% and 25% of levels before the pandemic by the end of March. CAAC said passenger traffic in January was 74.5% of the level in the same month of 2019
- International flight passenger traffic improved in January according to the Shanghai Securities News. China Eastern was operating 52 international routes with 302 weekly flights on 6 Feb but is expected to increase to 60 routes and 410 weekly flights by 28 Feb.
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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