Air Canada says bookings on Canada/U.S. cross-border routes are down significantly across the industry, but nowhere near the levels reported in recent news stories.
At its annual shareholder meeting Monday, the company said its decreased cross-border flight bookings for the next six months were “comparable” to an industry-wide drop of about 10%. That’s a big number considering the vast amount of air traffic between the two neighbours, but it’s not the end of the world.
A much worse scenario was described in a blog post earlier this week by chief analyst John Grant of global travel data provider OAG.
“Despite airline schedule changes and capacity being redirected to…
