therodfathermegaways| Air transportation: The domestic market has seen a significant increase in ASK for wide-body aircraft compared with 2019, and supply and demand are still under pressure
Source Gangtise Investment Research
analysts saidtherodfathermegawaysDuring May Day 2024therodfathermegaways, air passenger flow increased by 8%, lower than the expected 20% increase. At the same time, ticket prices during May Day in 2024 have dropped significantly year-on-year, mainly due to the significant increase in ASK for wide-body aircraft in the domestic market compared with 2019, and supply and demand are still under pressure. Due to the relatively slow recovery speed of international routes, especially intercontinental routes, airlines have added a considerable number of wide-body aircraft to the domestic market. It is expected that with the further recovery of international routes, especially intercontinental routes, and new sailing points, the pressure on wide-body aircraft in the country will gradually ease.
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