OAG Coronavirus Update – Week Thirty Have We Just Peaked? - EMEL

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Monday, August 10, 2020

OAG Coronavirus Update – Week Thirty Have We Just Peaked?

OAG Coronavirus Update – Week Thirty Have We Just Peaked?

10 August 2020

We may not have realised it at the time and it certainly didn't feel that great, but last week's global capacity may have represented the peak week for 2020 in the new world of Covid-19.

Last week we broke through the 60 million mark; this week we are just below that point and although there are pockets of capacity growth around the globe there are also a number of new travel and rumoured travel restrictions dragging capacity down. Strangely, week 32 last year saw a very small decline in global capacity on the previous week, but when the base was close to 119 million a drop of 200,000 seats was neither here nor there. Roll on a year and we remain at some 50% of the previous year's capacity.

In the chart below we have for the first time included a sneak preview at the current scheduled capacity for the next few weeks. Scheduled capacity is expected to increase by just over 5% in the next two weeks and by the end of August reached 75million; a 26% increase. It will not happen, and airlines continue to make last minute schedule adjustments as the combination of travel restrictions and demand in response continue to damage the whole travel and tourism sector.

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