European seat numbers atrophy but NE Asia figures offer hope

While the last seven days saw flight capacity in Europe drop by 52.9% ,versus the previous week, carriers in North East Asia have arrested the decline and offer a “glimmer of hope” with regard to a rebound in demand, according to John Grant, partner at Midas Aviation. Speaking on a webinar, Grant said that flight capacity has been steadily declining since January, but the spread of Covid 19 globally meant last week saw a dramatic fall in the number of seats offered as a number of countries introduced travel bans and movement restrictions. “In the past 10 weeks there have