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14-Apr-2021 4:57 AM

CAPA Live: China's domestic aviation recovers; but not international

Analysis

Each CAPA Live, held on the second Wednesday of each month, contains a summary of the latest key developments by region.

In the Apr-2021 report:

- Following months of rapid recovery in the second half of 2020, China's recovery experienced setbacks entering 2021.

- Chinese airlines expected to remain in the red in 1Q2021, due to the missed opportunity during the Lunar New Year, when citizens were strongly encouraged to stay put.

- Second wave of recovery under way as demand, load factor and airfares on upward trajectory.

- International market will remain largely closed off as vaccine rates and effectiveness remain below expectation.

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