Volaris Slashes Capacity 90% As COVID-19 Grows In Latin America

aircraft
Credit: Joe Pries
Mexico City-based ULCC Volaris will cut capacity by 90% in May, as it braces for the COVID-19 pandemic to peak across Latin America in the coming weeks. Management expects capacity cuts to average 80% in the 2020 second quarter (Q2), falling to 50-60% by Q3, and rebounding further as net bookings...

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