June 24, 2025 02:34 AM GMT China Aviation | Asia Pacific Chart in the Spotlight: International Air Capacity Key Takeaways Exhibit 1: Non-domestic ASK was 79% of 2019's level as of June 23, 2025, vs. 77% in the previous week 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 110% 120% 130% Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 China Mainland to H ...

Source: OAG, Morgan Stanley Research. Note: Japan had aggressively added capacity during 2019. Hong Kong's capacity had been reduced in 2H19 due to social unrest. | M | | | | --- | --- | --- | | | | Update | | June 10, 2025 03:53 AM GMT | | | | China Aviation Asia Pacific | Morgan Stanley Asia Limited+ | | | | Qianlei Fan, CFA Equity Analyst | | | Chart in the Spotlight: | Qianlei.Fan@morganstanley.com Carlos Liu | +852 2239-1875 | | | Research Associate | | | International Air Capacity | Carlos.Liu@morgans ...