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 ! ...
Anytime
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 ! ...