Vaccine Passports Keep Europe Flying While China and the U.S. Slow
- U.S. airlines warn of more losses and China rapidly retreats
- Delta strain has hit world’s biggest domestic travel markets
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The delta variant of Covid-19 is scything through aviation just as key markets were getting back on their feet.
In the U.S., Southwest Airlines Co. is blaming the delta strain for a rash of canceled bookings and a slowdown in demand that may push it and several others to quarterly losses. After leading the industry’s recovery for much of last year, China is in retreat with airlines offering the fewest seats in six months as authorities attempt to stamp out an outbreak. Australia’s carriers are also in reverse with more than half of the country in lockdown.