More than 46 million airline seats will be cut over the next three months as the aviation industry is engulfed by the economic crisis.
The latest figures compiled by OAG (Official Airline Guide) show that demand for travel is shrinking throughout the world. Carriers plan to operate half a million fewer flights between October and December compared with the same period last year.
At least 45 European airports will lose all scheduled services by the end of this year, with 83,000 fewer flights offered by airlines within the European Union during this quarter than in 2007. Worldwide, more than 200 airports will cease offering services.