Aviation travel is significantly restricted by border closures and travel restrictions.
The demand recovery trajectory is uncertain due to potentially extended travel restrictions but also economic impact and behavioral changes in customer travel. Optimizing capacity allocation during the ramp up period and longer term will be critical to financial recovery. Understating demand will mean lost opportunities but overstating demand will be costly. Teneo has developed an approach to forecast demand recovery that reflects the unprecedented levels of uncertainty the aviation sector faces.
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