European airlines are freezing their transatlantic growth and pulling back from major U.S. cities like New York, Miami, Los Angeles, and Chicago as they redirect flights to Canada, Mexico, Brazil and Caribbean, where bookings are rising and demand is outpacing the American market.
This headline sucks. I thought this was going to be something regulatory, but it’s just businesses making decisions based on their demand forecasts.
I wouldn’t want to travel to the US for anything other than business needs right now either, so as demand has dropped the airlines need to refocus on routes that are increasing in demand. This is basic business acumen.
Naw, it’s a pretty bad headline. It specifically says “Europe freezes US travel”, when travel hasn’t been frozen and Europe as-a-whole didn’t do anything. “European airlines adjust US flight schedules due to reduced demand” would be more accurate.
This headline sucks. I thought this was going to be something regulatory, but it’s just businesses making decisions based on their demand forecasts.
I wouldn’t want to travel to the US for anything other than business needs right now either, so as demand has dropped the airlines need to refocus on routes that are increasing in demand. This is basic business acumen.
Heh, I feel like the headline is pretty self explanatory since it lists companies taking action, maybe its the mention of “Europe” that mislead you ?
In any case I completely agree, political action is much better than capitalism going “our” way for once, just for profit
Naw, it’s a pretty bad headline. It specifically says “Europe freezes US travel”, when travel hasn’t been frozen and Europe as-a-whole didn’t do anything. “European airlines adjust US flight schedules due to reduced demand” would be more accurate.