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CHINA AIRLINE CAPACITY SURPASSES PRE-PANDEMIC LEVELS

CHINA AIRLINE CAPACITY SURPASSES PRE-PANDEMIC LEVELS

11th September 2023 – IBA’s latest Aviation Industry Barometer reveals that, for the first time since the start of the pandemic, passenger ASKs from Chinese operators have surpassed 2019 levels. This is supported by a growing domestic market within the country.

IBA’s leading aviation intelligence platform, IBA Insight, further shows that in August:

  • Monthly global passenger capacity edges closer to a full recovery, reaching 98% of pre-pandemic ASKs in August 2023, a gain of +1% compared to July 2023.
  • IBA expect global passenger ASKs to surpass 2019 levels by October 2023.
  • Overall, there were approximately 3.08 million commercial passenger flights in August 2023, compared to 3.04 million in July 2023, while 2.64 million flights were recorded in August 2022.
  • 490k commercial passenger flights were recorded by Chinese operators in August 2023, compared to 452k in July 2023 and 287k in August 2022.
  • There were 89 commercial aircraft deliveries in August 2023, representing a month-on-month and year-on-year variance of -25% and +16% respectively.
  • So far during 2023, Airbus A320neo deliveries have averaged 45 per month, compared to Boeing’s 737 MAX at 33 per month.

Source : IBA

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