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Search resuls for: "Jamie Freed Sophie Yu"


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☆ Airlines lift China international flight capacity as border opens - Cirium data
  + stars: | 2023-01-09 | by ( Jamie Freed Sophie Yu | Jamie Freed | Sophie Yu | ) www.reuters.com   time to read: +2 min
SYDNEY/BEIJING, Jan 9 (Reuters) - Airlines have boosted January international seat capacity to and from China by 9.5% over the last week as they ramp up flights after its border opening, according to aviation data provider Cirium, though flights remain at a fraction of pre-pandemic levels. International capacity to and from China scheduled for the month of February has risen by 23% over the last week and for March by 13% over the same period, Cirium data showed. A major jump in capacity is expected in April, after the start of the summer airline schedule season that begins on March 26. Seats to and from China will rise to 4.3 million a month in April, up from about 1.85 million in January, 2 million in February and 2.7 million in March, according to Cirium data. Reporting by Jamie Freed in Sydney and Sophie Yu in Beijing; Editing by Christopher CushingOur Standards: The Thomson Reuters Trust Principles.
☆ Analysis: Chinese airlines primed to take advantage of border opening
  + stars: | 2022-12-30 | by ( Jamie Freed Sophie Yu | Jamie Freed | Sophie Yu | ) www.reuters.com   time to read: +4 min
[1/2] A Hainan Airlines aircraft is seen at Beijing Capital International Airport, amid the coronavirus disease (COVID-19) outbreak in Beijing, China December 27, 2022. About 62% of tickets to and from China were sold by Chinese carriers and 38% by foreign carriers in 2019, ForwardKeys data shows, reflecting the strong outbound market dominating traffic flows. "Foreign airlines don't have that flexibility and it will be hard for them to forecast and project how fast demand returns on their China routes," he added. Many foreign carriers also retired large numbers of widebody planes during the pandemic and have struggled to add capacity even before China opened. TIMING OF REBOUNDThe Chinese travel industry had expected a border opening around March and was not prepared for the Jan. 8 date, according to a research note from Tianfeng Securities.
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