Business Air Travel Remains the Key Factor to the Year End

The slow, but now steady, reduction in capacity continued this week with just under a quarter of a million seats fewer planned for the next seven days, as we once again dip back to 78.8 million seats. Current capacity stands at around 70% of 2019 levels, but with almost all markets reporting load factors some 10% to 15% below normal levels, that would suggest demand is still perhaps 30% to 40% below normal levels. Worryingly, there have been few sightings of the lesser spotted business traveller as the autumn approaches, and for many airlines that is worrying; if they are not spotted soon, then February 2022 looks the most likely chance of any reappearance.

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