The recent warnings by two major U.S. airlines that booking momentum for the upcoming holiday season is slowing gives credence to the industry’s conclusions that the recovery from the COVID-19 pandemic will be choppy, and highly unpredictable.
Copa Airlines plans to deploy 40% of its 2019 capacity during December, believing its hub at Panama City Tocumen (PTY) remains a strategic asset as many point-to-point markets in Latin America will remain too small to support direct flights.