Originally Posted by
dera
I prefer data and metrics over anecdotal experience to look at this.
In Q2 2019, AAG flew 62.658 million revenue pax miles with a yield of 17.57 cents. Their passenger revenue per ASM was 15.22.
In Q2 2021, AAG flew 42.022 million revenue pax miles with a yield of 15.57 cents. Their passenger revenue per ASM was 12.00.
International, in Q2 2019 AAG had 21.181 million revenue passenger miles, in Q2 2021, it was 7.151. The international flying is still totally flatlined at 30% from pre-COVID numbers.
That is a massive drop. This is why without PSP AAG would have lost 1.1 billion in Q2 2021. And Q3 is looking a lot worse with further shutdowns from lunatic governments.
Covid is a gift that keeps on giving, and it's far from over.
Thanks for the data.
Assume this data is for domestic.
Do you have data on ASM for 2Q20?
Do you predict AA or other majors filing for bankupcy?