OAG Coronavirus Update - Week Thirty Three - Three Summer Continues to Slip Away
There is an autumnal feel to the weather in Northern Europe at the moment and the leaves are already falling, although perhaps not quite as quickly as global capacity has over the last week
At some 58.4 million scheduled seats planned this week a further half a million seats have been dropped week on week as the industry sets itself for perhaps the most telling six-week period in the Covid-19 recovery phase.
With the possibility of increasing travel lockdowns, airlines seeking rights issues, airline CEO’s returning to investors for “fireside chats”, Government support programmes expiring, winter 2021/21 slot usage issues and of course nervous consumer demand the next six-weeks will probably shape the next twelve months capacity plans for many airlines. The early indications are not looking good, are they?
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