The trend still looks “up”, but less so than a week ago.  Page 1 shows the recovery in terms of flights and passengers per flight is up.  But those passenger numbers are very wobbly.  The surge in pandemic numbers these past few days won’t encourage bookings.   Page 2 shows the 90-day forecast and remains at 60 passengers per flight.  This is an average but which can break even at 60?  Adding flights won’t necessarily mean that number remains at 60.   Page 3 shows an important change – last time we ran the numbers July 2020 showed an average of 60 per flight. This update has it down to 59.   Small change, but not in the direction the industry needs.

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