Coronavirus Continues Damaging China Capacity
Five weeks ago, China was the third largest international aviation market in the world; today it ranks 25th, just behind Portugal and slightly ahead of Vietnam some change in just a few weeks!
International Capacity Continues Downward Trend
The latest data for the week commencing the 17th February shows a further reduction in international capacity from China of 270,000 seats a week bringing the overall capacity reduction since the 20th January to some 1.7 million seats; a near 80% reduction. Japan, Thailand and Chinese Taipei are the largest losers of capacity week over week; in the case of Japan some 47,700 fewer seats are scheduled some 36% fewer than one week earlier.
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