Alitalia Leads The Way...Lost Revenue in Western Europe
Are you ready for some big numbers? In a normal week there are some ninety-five scheduled airlines operating to destinations in Italy providing nearly 1.6 million seats a week to destinations across the globe. But this week is no ordinary week….
The rapid intervention by the Italian Government in attempting to control the spread of Coronavirus has captured a huge amount of media attention. Airlines have been managing their capacity to Italy for the last week and are making daily changes to the number of flights operated and the capacity provided.
For Alitalia and other locally based airlines the impact has been dramatic as the table below highlights.
In less than one week the airline has cut capacity by 22% or some 81,000 seats as demand appears to have collapsed for the airline as the virus continues to spread.
Milan, the epicentre for reported cases has seen 34% of capacity cut whilst Rome the single largest market in Italy has seen one in five seats dropped as the airline seeks to match capacity to expected demand.
To view the full article, please click here