Airline Bookings Start To Tumble Again As Coronavirus Cases Spike
New York (CNN Business) - Airline travel is bouncing back -- but so are American coronavirus cases. That spike could put the aviation rebound in reverse.
Near-term bookings at United's hub in Newark were only 16% of 2019 bookings as of July 1. That's about half the level of demand of just two weeks earlier, when United's bookings were at 35% of the year earlier levels. Bookings outside of the Newark hub also fell in recent days in the face of rising Covid-19 cases, though only by a few percentage points, according to a graph in the presentation.