Transborder routes between the U.S. and Mexico have performed better during the last couple months as Mexico’s more relaxed travel policies have resulted in airlines bolstering their capacity from the U.S. to Mexico’s leisure markets.
The recent warnings by two major U.S. airlines that booking momentum for the upcoming holiday season is slowing gives credence to the industry’s conclusions that the recovery from the COVID-19 pandemic will be choppy, and highly unpredictable.