Chinese Air Travel Posts Biggest Drop Since Start of Pandemic

The video discusses the significant drop in airline seat capacity in China due to the Delta variant, impacting global travel. This has led to a 32% plunge in one week, affecting domestic tourism and economic forecasts in China. Globally, airline capacity is at 64% of pre-pandemic levels, with potential travel restrictions being considered by the EU for US visitors. The outlook for Winter 2021 appears bleak.

What was the percentage drop in airline seat capacity in China in one week due to the Delta variant?

• 32%

• 50%

• 75%

• 10%

Which sector in China was most obviously affected by the Delta variant according to the transcript?

• Technology

• Agriculture

• Domestic tourism

• Manufacturing

Which financial institutions downgraded their growth forecasts for China due to the pandemic impact?

• Deutsche Bank and Credit Suisse

• HSBC and Barclays

• Bank of America and Citibank

• Goldman Sachs and JP Morgan

What percentage of pre-pandemic levels does global airline capacity currently stand at?

• 90%

• 80%

• 64%

• 50%

What action is the EU considering in response to rising coronavirus cases?

• Implementing a travel bubble with Asia

• Lifting all travel restrictions

• Reintroducing travel restrictions for US visitors

• Increasing flight frequencies