Capacity constraints will prevent a full recovery within Europe’s short-haul market this summer, dampening traffic growth but signaling higher yields for LCCs.
Global capacity is set to top 50 million seats next week for the first time since late March when strict lockdown measures were imposed to curb the spread of COVID-19.
Delta Air Lines will suspend flights to 11 US markets from next month as it shrinks its route network to match demand. Separately, the carrier has also formally applied for the US Transportation Department to authorize its codeshare deal with LATAM Airlines Group.
Chinese carriers have transported more than 1 million passengers in a day for the first time since late January as the country’s market continues to recover from the coronavirus crisis.
Ryanair Group’s Austrian subsidiary Lauda faces an “existential crisis” with its main base in Vienna expected to close before the end of the month, group CEO Michael O’Leary has warned.
Brazil's largest domestic airline GOL Linhas Aéreas plans to reopen three bases before the end of the month and gradually increase its flying program. The carrier has also reached an agreement with Boeing over the grounding of the 737 Max.
