Passengers wait for their flight as a China Eastern flight takes off from the runway of Baiyun Airport on Friday, March 25, 2022, in Guangzhou province, southern China. AP
Passengers wait for their flight as a China Eastern flight takes off from the runway of Baiyun Airport on Friday, March 25, 2022, in Guangzhou province, southern China. AP
Passengers wait for their flight as a China Eastern flight takes off from the runway of Baiyun Airport on Friday, March 25, 2022, in Guangzhou province, southern China. AP
Passengers wait for their flight as a China Eastern flight takes off from the runway of Baiyun Airport on Friday, March 25, 2022, in Guangzhou province, southern China. AP

Global airline capacity rises to its highest in 2022 as China adds more seats, OAG says


Deena Kamel
  • English
  • Arabic

Global airlines’ capacity rose 3 per cent to 88.5 million this week, the highest level in 2022, as the Chinese domestic demand rebounds despite continued lockdowns in Asia’s largest travel market, aviation data provider OAG said.

Planned capacity over the next three months continues to edge closer to the 2019 mark, reflecting airlines’ confidence in the air travel rebound, the firm said in a report.

“We still have a long and increasingly harder journey back to the 109 million seats per week in 2019; if, indeed, we ever reach back to that point. But compared to last year, things are looking a lot better in most markets,” John Grant, OAG chief analyst, wrote in a blog post on the firm’s website.

Airlines around the world are ramping up operations as demand rebounds on the back of easing travel restrictions.

Airlines globally added 2.5 million seats in the week to Monday, almost half of which are in China, OAG data revealed.

“The challenge of rebuilding an industry that had virtually closed over the last two years is highlighted by there being 43 per cent more seats on offer this week than last year, and given the “stop-start” nature of the recovery in many markets, airlines and airports can hardly be accused of a lack of planning; when they planned to rebuild, they were stopped in their tracks, in some cases on multiple occasions,” Mr Grant said.

North-East Asia is the fastest-growing regional market this week with a 10 per cent increase in capacity on last week, OAG said. While China is the major growth driver, there are also capacity increases in Japan and South Korea, although travel between the three countries remains heavily restricted, it said.

South Asia, Central Asia and Central America are reporting more airline capacity this week than offered in 2019, the data showed.

South Asia led the three regions, with 8 per cent more capacity, largely driven by India, which is now 10 per cent up over the past two years.

“With May fast approaching, and travel restrictions being eased in many markets, the summer season will really kick off in the next few weeks,” Mr Grant said.

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Basquiat in Abu Dhabi

One of Basquiat’s paintings, the vibrant Cabra (1981–82), now hangs in Louvre Abu Dhabi temporarily, on loan from the Guggenheim Abu Dhabi. 

The latter museum is not open physically, but has assembled a collection and puts together a series of events called Talking Art, such as this discussion, moderated by writer Chaedria LaBouvier. 

It's something of a Basquiat season in Abu Dhabi at the moment. Last week, The Radiant Child, a documentary on Basquiat was shown at Manarat Al Saadiyat, and tonight (April 18) the Guggenheim Abu Dhabi is throwing the re-creation of a party tonight, of the legendary Canal Zone party thrown in 1979, which epitomised the collaborative scene of the time. It was at Canal Zone that Basquiat met prominent members of the art world and moved from unknown graffiti artist into someone in the spotlight.  

“We’ve invited local resident arists, we’ll have spray cans at the ready,” says curator Maisa Al Qassemi of the Guggenheim Abu Dhabi. 

Guggenheim Abu Dhabi's Canal Zone Remix is at Manarat Al Saadiyat, Thursday April 18, from 8pm. Free entry to all. Basquiat's Cabra is on view at Louvre Abu Dhabi until October

La Mer lowdown

La Mer beach is open from 10am until midnight, daily, and is located in Jumeirah 1, well after Kite Beach. Some restaurants, like Cupagahwa, are open from 8am for breakfast; most others start at noon. At the time of writing, we noticed that signs for Vicolo, an Italian eatery, and Kaftan, a Turkish restaurant, indicated that these two restaurants will be open soon, most likely this month. Parking is available, as well as a Dh100 all-day valet option or a Dh50 valet service if you’re just stopping by for a few hours.
 

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UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

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Business Insights
  • As per the document, there are six filing options, including choosing to report on a realisation basis and transitional rules for pre-tax period gains or losses. 
  • SMEs with revenue below Dh3 million per annum can opt for transitional relief until 2026, treating them as having no taxable income. 
  • Larger entities have specific provisions for asset and liability movements, business restructuring, and handling foreign permanent establishments.
Updated: April 28, 2022, 5:30 AM