Updated information on airline capacity cuts and hotel closures.
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Airlines and Hotels Continue to Provide Updates on Capacity Cuts
Friday, April 3, 2020
Airlines and hotels in several global regions have provided capacity cuts and updates:
American Extends Suspensions into the Summer American is extending capacity cuts through the summer, including more than 60% of international flights during the busy holiday season.
IAG Deepens Capacity Cuts, Reaches Furlough Agreement with Unions
International Airlines Group, including brands such as British Airways, Aer Lingus, and Iberia, has updated capacity cuts to 90% reductions in April and May. British Airways has also reach a deal to furlough over 30,000 crew and ground employees over the next two months.
LATAM Airlines Group Cuts 95% of Capacity for April
Latam Airlines is cutting 95% of capacity through April, including nearly all international routes. They will maintain some domestic routes across South America. They have also completed executive succession plan as scheduled.
Accor Reduces Staff, Closes Hotels, Creates Support Fund
On the hotel side, Paris-based Accor has closed over half of Accor hotels worldwide, with more expected to come. They have also takes measures to reduce hours or furlough 75% of staff in their global head office. To support their employee community, they have established the "All Heartist Fund" to assist teammates experiencing financial hardship.
CTM continues to monitor industry announcements and shares important information as it becomes available.
We take every care to ensure information is correct at time of release, but occasions resulting from the advice are the responsibility of the individual and/or your company. CTM will only notify you according to the CTM alert escalation process and providing travel was issued through CTM. CTM does not accept responsibility for the consequences of advice taken or not taken.
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