OAG Coronavirus Update - Week Thirty-Four Probably 15 Million Seats to Be Cut Before Month End
The first full week of September capacity follows the recent trend and we are now into the fifth consecutive week of capacity declines from what looks like the peak capacity week of the 3rd August.
Project the current trend forward to the year end and global capacity will fall below 40 million in the last week of December; that will not be a happy Christmas for the airline industry. The last full week of December 2019 saw some 106.8 million scheduled seats, so we appear to be heading for less than half of global capacity by year end. Not quite the recovery shape that everyone expected and no need to ask what everyone will want for Christmas this year.
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