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As of May 2020, all InterCaribbean Airways flights to all destinations have been cancelled due to the pandemic. On 24 March 2020, Interjet announced it would suspend all international flights due to the pandemic. [138] The airline also temporarily reduced the salaries of its workers by 50% to further cut down its debt. [139]
While European airlines owe $10 billion for cancelled flights, IATA is predicting a 55% fall in revenue compared to 2019, a $89 billion hit, costing $452 billion on the wider economy. [42] Boeing anticipates passenger traffic recovering in two to three years to 2019 levels, but expects production to take longer. [43]
When Southwest Airlines canceled more than 15,700 flights during last year’s December holiday season, it pointed to infrastructure problems across the industry. Southwest is not the only airline ...
In May, British Airways announced that it would cancel 10% of flights between April and October in an attempt to avoid having to axe flights on the day of departure. But the latest cancellations ...
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[20] [24] On Monday, December 26, Southwest initiated a massive systemwide "reset", preemptively canceling thousands of scheduled flights that week, and halting ticket sales over concerns that travelers might buy tickets for flights that would be subsequently canceled; the airline said it would not allow flights to be rebooked until December 31 ...