ForwardKeys is predicting that domestic air travel in China, which has been growing progressively in the wake of the Covid-19 outbreak, will reach a full recovery by the start of September.
ForwardKeys has revealed that a rebound is underway in domestic aviation in the United States and the high spot is the upcoming long weekend to mark independence day.
ForwardKeys has revealed that a series of announcements by governments of southern European countries has triggered an almost immediate jump in international flight bookings for Greece, Portugal and Spain in July and August.
ForwardKeys has revealed that domestic air travel in China, which has been recovering slowly in the wake of the Covid-19 outbreak, has now reached more than 50 per cent of what it was at the equivalent moment in 2019.
With news that Beijing has lifted its 14-day quarantine requirement on travel between the capital and low-risk areas across the country, the analytics company now expects a significant uplift in demand.
The cancellation rate peaked in mid-March and global aviation seat capacity has fallen from over 40 million seats in operation to less than ten per cent of that number today.
Analysis by ForwardKeys has revealed that the Covid-19 crisis has brought the aviation industry to its knees. In the week to April 5th, international airline seat capacity fell to just 23 per cent of what it was in the first week of April last year.
As many as 48,200 flights and 10.2 million seats could be scrapped after the European Union moved to close external borders for 30 days earlier this week. That is according to new research from ForwardKeys.
A report by ForwardKeys has revealed that the United States’ transatlantic travel ban has now put a total of 3.3 million plane seats in jeopardy.
ForwardKeys has concluded agreements with the International Air Transport Association and Airlines Reporting Corporation to include their global ticketing data in its portfolio of products and services.