CAPA: Disconnect between European airline capacity and passenger demand

CAPA - Centre for Aviation, in a report entitled: 'European airline capacity planning: uncertainty is increasing', stated (13-Aug-2020) that reported capacity plans by leading European airline groups of somewhere around 30% to 45% of 2019 capacity in 3Q2020 and 50% to 65% in 4Q2020 compare with projections derived from OAG schedules of 51% in 3Q2020 and 85% in 4Q2020. Meanwhile, preliminary data from ACI Europe shows passenger numbers at Europe's airports decreased 78% year-on-year in Jul-2020, and seat numbers derived from schedules were down by 68%. [more - CAPA Analysis]