India’s expansive domestic network made it one of the world’s fastest-growing countries for aviation before the recent Covid-19 outbreak.
Carriers in India had reached 87% of their pre-pandemic seat capacity through early April, based on a Bloomberg analysis of data from flight tracker OAG. That progress has now unraveled as the surge in infections led to a pullback in domestic flights, which make up the vast majority of the market.
As of the start of this week, capacity had fallen to 71% of 2019 levels, a 16 percentage-point drop over three weeks, the data show. Further eroding demand is a move by nations including Singapore, Australia, the U.K. and the United Arab Emirates to impose restrictions on visitors from India.
Using weekly OAG data, Bloomberg has built a flight tracker to monitor the pulse of the global air-travel comeback. The latest update shows continued progress in China, while plans to increase capacity in the U.S. and Europe haven’t yet taken hold. With operators still canceling flights from India, the number of seats offered globally may have fallen slightly from last week.
News Source : Hindustan Times