easyJet and Ryanair Share The Capacity Pain While China and The United States Lead The World
Another dire week for global aviation with more lockdowns, sudden suspensions of services and the threat of having to stay in a quarantine hotel at Heathrow looming for anyone brave enough to want to enter the United Kingdom
Can things get any worse; probably but let’s hope not and try to stay positive.
Global capacity fell by another two million seats and now stands at a 51.3 million seats; around the same levels as we saw in the first week of July 2020 when we thought a recovery was beginning; if only! Twelve months ago, domestic capacity accounted for 61% of all seats operated, this week that has reached 81% with China and the United States accounting for some 23 million domestic seats. In fact, these two countries account for 47% of all global capacity this week compared to just over one-third twelve months ago.