Airline Capacity Running Ahead of Demand in China: Jain

The video discusses the reopening of travel during the Spring festival, highlighting that capacity is currently ahead of demand. Initial expectations of a quick return to pre-COVID levels have not been met, with travel spread over a longer period. Anecdotal evidence from platforms like trip.com shows a recovery in yield, though still below 2019 levels. Domestic capacity has exceeded pre-COVID levels, while international travel is expected to recover slowly. The video also examines the role of cargo in the aviation industry, particularly for airlines like Cathay, and the challenges they face with passenger recovery.

In what ways have airlines adjusted their capacity in response to demand?

What challenges do airlines face in balancing passenger and cargo operations?