China domestic flights to jump 34% above pre-pandemic levels. Flights to US to rise also.

<p>A couple of weekend news items re the aviation sector in China. </p><p>China's aviation regulator, the Civil Aviation Administration of China (CAAC) said it will increase domestic flights to 34% above pre-pandemic levels</p><p>This is a big boost to the domestic sector. </p><p>And, in another boost, again from CAAC (working with the US Department of Transportation (DOT)), direct regular China-US passenger flights are expected to increase from the current 48 (24 round trips) per week to 70 per week.</p><p>—</p><p>Oil traders might like to note these demand-enhancing developments. </p>

This article was written by Eamonn Sheridan at www.forexlive.com.