The effort to save Europe’s travel industry has devolved into an increasingly desperate race against the clock. With June just one week away, there’s little time left to ignite the summer travel boom that airlines, hotels and tourist-dependent economies are counting on to reverse a year-long booking drought. The most intense action involves the U.K.’s green list of countries to which travel is allowed without quarantine upon return. What’s Happening in Air Travel This WeekGlobally, the rebound in airline capacity slipped one percentage point in the past week to 57% of 2019 levels, based on Bloomberg’s weekly flight tracker, which uses OAG data to monitor the pulse of the comeback. In the past week, airlines in the region have trimmed back their schedules for the coming month by about 4%, according to data from Bloomberg NEF.

Source: Mint May 27, 2021 04:18 UTC