European and U.S. airlines revenue gains expected in Q3 are at risk as a resurgence of COVID 19 deters travelers and has some airlines reducing services, Bloomberg Intelligence analysts put out in a research note ahead of the UK government imposing a sudden quarantine requirement on UK travellers returning from Spain. ‘A recovery in air travel remains highly susceptible to the risk of a coronavirus resurgence as demonstrated last week when load factors likely fell below 40%, with the number of passengers decreasing 4.5% from the prior week. Revenue gains at U.S. airlines in 3Q are exposed, while Europe capacity
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