China’s virus-hit airlines are showing signs of recovery

China’s airline industry could be showing the first signs of recovery after dramatically shrinking over the past month as the spreading coronavirus led to thousands of flight cancellations. Scheduled airline capacity within China is up more than 25% -- by 1.3m seats -- week-on-week thanks to a rebound in domestic capacity. Air China appears the most optimistic as it has added back 306,000 seats, almost double its capacity from the previous week, analyst John Grant wrote. In total, 7,923 flights will be reintroduced this week, but there could be last minute capacity adjustments and cancellations, according to Grant. Scheduled international capacity continues to decline, however, and China now ranks as only the 28th biggest international aviation market, behind Austria, Grant wrote. <br/>
Bloomberg
https://www.bloomberg.com/news/articles/2020-02-26/china-s-virus-hit-airlines-are-showing-signs-of-recovery
2/26/20
ca