Most traffic numbers are now in for February. Almost across the board traffic is just off. In many markets it has been over 20%. Asia seems to have been especially hard hit. While the US and European markets are affected - it is hard to find any good news out there.
However I will hold up LATAM as a good example - at least for passenger traffic. While freight traffic is still in the dumps (off >20%) passenger traffic for the first 2 months are still slightly ahead. And this is with the extra day from last year.
The only other bright spot seems to be the GCC markets.
Ouch
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