Airlines How are airfares trending in China?

Fares for future departures are based on high-frequency observations, weighted by a standard booking curve. Forward observations are as of 5-Apr-20.

08 May 2020
  • Airfares in China have fallen y/y in the last 3 months.
  • However, the forward curve analysis shows airlines are offering higher prices y/y for flights departing in the coming months.

Chinese Airlines – Change in Average Fare by Departure Date (% y/y)

Source: UBS Evidence Lab