OAG Coronavirus Update – Week Fourteen Capacity Cuts Slow But Now Below 30 Million Seats Per Week

“Just” two and a half million fewer scheduled seats this week compared to the previous week represents a 7% reduction and one of the slowest rates of decline mid-March perhaps indicating that we are now close to the bottom of capacity We have however now “broken” through the 30 million mark and are down at 29.8 million seats a week and with some expected cuts to still be filed by some major carriers we can expect that to fall further next week; perhaps below 29 million. In fourteen week; nearly three-quarters of global capacity has been cut; a scenario no one could ever have planned for.

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