London bomb scare – Short term cancellations, but overall demand likely to be resilient

The Centre for Asia Pacific Aviation (CAPA) predicts the shock waves through the media will undoubtedly result in a temporarily reduction in flight bookings and some cancellations maybe a few percent at most. The Centre observes however that passengers today are very resilient and less ready to over-react to what, at this stage, appears to be a particularly UK-US issue. (The positive is that it appears that intelligence was sufficiently good that it stopped the threat. Nonetheless there will be a considerable consumer backlash, particularly in the […]