European Airlines Flying Blind Into Summer Planning Amid Successive Lockdowns
Send European airlines buffeted by successive lockdowns have little idea what kind of summer to expect. But they must place their bets anyway. Time is short to commit to flight schedules for the main holiday season, whose profits usually tide the industry through the winter, but whose outlook has never been so uncertain. Cash-strapped carriers must decide when to trigger the costly process of returning parked planes and furloughed staff, or even rehiring. Getting it wrong means losing more money on half-empty flights or – if demand is underestimated – handing badly needed business to riva...
Source: skift.com
