Coronavirus Week Six - Capacity Recovers Slightly...Or Does It?
If you believe the data, then this week sees the first signs of a recovery in capacity to/from and within China for the first time since the Coronavirus event; but are we perhaps seeing some “smoke and mirrors” changes to capacity? At OAG we only ever report the data submitted but we always question what’s behind the data.
The chart below would appear to show the first signs of recovery with week on week capacity picking up by some 1.3 million or over 25% which would represent quite a significant turnaround. In total, the cumulative loss of capacity over the last six-week period is close to the yearly capacity between the United States and Western Europe.
To view the full article, please click here