Man, what a waste...
Airlines Are Flying Empty Flights as Travel Demand Plummets Due to Coronavirus
Currently, thousands of planes are flying empty back and forth doing ghost flights during the coronavirus outbreak due to a bizarre and ridiculous rule that forces airlines to use at least 80% of their landing slots or risk losing them.
The “use it or lose it” rule goes like this: an airline must use at least 80% of their allocated slots or it may lose them to rival airlines.
While it makes for a competitive market during regular flights, the decreased demand caused by coronavirus concerns is taking its toll on the aviation industry. With an expectancy of losing $113 billion in revenue this year, airlines are going to extreme measures.
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