Volaris, the ultra-low-cost airline serving Mexico, the United States and Central America, announces that the spread of the COVID-19 (Coronavirus), declared a pandemic by the World Health Organization, and the related governmental travel restrictions have significantly reduced the demand for global air transportation. Accordingly, as of March 24th, 2020 Volaris will decrease capacity as measured…
Tag: Global Aviation Industry
Coronavirus Pandemic: Aviation industry braces for impact
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•The novel coronavirus outbreak, which originated in the Wuhan City of China, has now become a global headache. So far, the pandemic has claimed more than 8,900 lives and infected more than 200,000 people in 160 countries. But it’s not just individuals who are infected with the virus, businesses have been facing tremendous losses. The…
Global Aviation Industry: Nearly 2 million seats affected between the US and Schengen countries by new travel ban
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•OAG, the world’s leading provider of travel data and insight, released its latest analysis on the global impact of the coronavirus on the air travel market. The Europe to United States travel ban will have far-reaching implications for the global aviation industry. The ban will affect 10.9% of all international flights and 16.9% of all…