![]() ![]() ![]() The subsequent delays, cancellations and other service issues have "constrained near-term net new bookings as passengers seek to avoid these issues," Menke said.Įven so, Menke said the outlook for long-term recovery remains positive, with airlines "aggressively" hiring pilots and other staff to improve operations. Late in the quarter and continuing into July, the recovery rate has moderated as a result of demand outpacing the ability of airlines and airports to handle passenger volumes, particularly in Europe, Menke said. The second quarter "showed the strongest sequential quarterly bookings improvement since the pandemic recovery started in June 2020," Menke said, with Latin America the most recovered region and the Asia-Pacific region the most lagging. Net air bookings improved against 2019 comparisons throughout the quarter-starting at 52 percent of 2019 levels in April and rising to 56 percent in May and 60 percent in June. Global bookings through Sabre in the second quarter totaled 81 million, 57 percent of 2019 levels, Sabre reported. While corporate and international travel recovered "nicely" during the second quarter, the recovery rate has begun to slow down in recent weeks-which could be a temporary slowdown, Sabre CEO Sean Menke said Tuesday during the company's earnings call. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |