OAG REPORTS A 7% DROP IN GLOBAL AIRLINE CAPACITY OF 59.7 MILLION SEATS IN 4TH QUARTER
- U.S. Hardest Hit as Travelers Face Unprecedented Cutbacks in Available Seats
- Indications for Asian Capacity to Drop Significantly
- 275 Airports Worldwide to Lose Air Service Altogether
- Transatlantic Routes Buck the Trend with 2% Year on Year Growth
- OAG Adjusts its Fleet Forecast for 2017 Down by More Than 3,500 Aircraft
- Schedule Reductions Could Trigger up to 15% Drop in MRO Spend
The full report can be accessed at http://www.oag.com/oagcorporate/pressreleases/08+oag+reports+a+seven+percent+drop+in+global+airline+capacity.html
