I had planned on putting together a chart like this, but CNN beat me to it. It really captures what happened this week. One thing missing here, and it’s a small spin off, is the business and first class load factors from New York to global business hubs. I spoke with one analyst who said that those cabins are usually 20% Wall Street on any given flight to places like London and Tokyo. Business travel is the backbone for decent yields on international flights, the airlines could take a further hit even beyond the accessibility of aircraft if these people aren’t flying.
But hey, look at the bright side, oil is only at $100 a barrel!
This post was originally published to the internet between 2007 and 2012. Links, images, and embedded media from that era may no longer function as intended.
This post originally appeared at Flightglobal.com from 2007 to 2012.