Airlines are adding flights and capacity in the hope that passengers are eager to jump back onto flights after more than 18 long months of the COVID-19 pandemic.
"We've been going through the equivalent of about 11 years of historical growth over the past six months, so the growth has been really tremendous over a very, very short period of time," says John Weatherill, chief commercial officer at WestJet.
Future waves of COVID could upset these plans, although airlines expect a growing number of vaccinations will help to address any new health challenges.Galardo said COVID has been an eye-opening experience that wiped out a decade of growth. "The pandemic has completely upended the sector's future," the report said, noting it could take up to five years for air traffic in North America to return to pre-pandemic levels.
However, business travel -- which is Air Canada's bread and butter and helps to offset lower leisure fares -- could face a longer road back to normalcy as many big companies have postponed reopening their offices. "It's also unnecessary in our view, and it's in a world where effectively everyone who's travelling is double vaccinated," Weatherill said.
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