According to the U.S. Department of Commerce, the graph below shows the monthly changes in airline capacity for eight key overseas source markets for international inbound tourism to the U.S. Airline capacity reflects the planned total seat capacity airlines expect to offer in the upcoming months. Changes in seat capacity are subject to normal changes in supply and demand and country-to-country air agreements. Changes in airline capacity may reflect changes in any or all of the following elements: changes in traveler volume from the origin country; changes in travel volume from other foreign countries passing through the origin country airports; and changes in traveler volume of U.S. residents returning to the U.S. Airline capacity is a continuously moving target. Changes reflected below are one point in time and month for the current (March) month.
One can readily see that we seem to be in the trough months of the decline in capacity. There are some other, obvious points that one could make on the basis of the graph below, but those we leave to the reader.
NOTES: Airline capacity reflects the planned total seat capacity airlines expect to offer in the upcoming months for direct flights. Change in seat capacity is subject to normal changes in supply and demand and country-to-country air agreements. Forecasted months are below the horizontal bar that divides the