IATA reported (02-Apr-2020) Chinese airlines' domestic traffic fell 83.6% year-on-year in Feb-2020, the worst outcome since IATA began tracking the market in 2000. Capacity (ASKs) fell 70.4% and load factor plunged 39.3pp to 48.5%. IATA reported that with the easing of some restrictions on internal travel in Mar-2020, Chinese domestic demand is showing some tentative signs of improvement. [more - original PR]
IATA: Chinese domestic traffic down 84% in Feb-2020, but showing signs of improvement
3 April, 2020