US-based airlines cut flights to Cuba

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ABOARD TO SHUT IT OFF.>>>CHANGES IN U.S.-CUBA POLICY HAS LED TO AIRBNB CANCELLATIONS AND NOW POSSIBLY A DROP IN AIR TRAVEL.>>Janine: THE U.S. IS THE LARGEST IN TRAVEL CAPACITY TO THE COMMUNIST ISLAND SO WILL THE NEW POLICY HURT BUSINESS IN THE COMING WEEKS? OUR OWN HATZEL VELA SPOKE TO A VALVE EXPERT ABOUT THE POSSIBILITIES.>>Meterologist: FOR U.S. AIRLINES THE COMING MONTHS WILL BE A WAIT AND SEE GAME AFTER PRESIDENT DONALD TRUMP ANNOUNCED NEW POLICY TOWARDS CUBA THAT SOME ARGUE MAY HINDER AMERICAN TRAVEL TO THE ISLAND NATION. THE U.S. IS NOW THE LARGEST WHEN IT COMES TO CAPACITY INTO CUBA, OFFERING CLOSE TO 27,000 SEATS. CANADA COMES INTO SECOND PLACE WITH ABOUT 17,000 SEATS. THE TOP FIVE ROUNDED OUT BY MEXICO, PANAMA AND FRANCE.>>A LOT GOT THIS WRONG. A LOT FELT THAT THE DEMAND FOR FLIGHTS INTO CUBA WOULD BE A LOT STRONGER THAN THEY HAVE FACTUALLY TURNED OUT TO BE.>>Hatzel: BY ESCAPEE WE SPEAK TO RICHARD, WHO WORKS FOR CENTER FOR AVIATION, A ORGANIZATION THAT DELIVERS MARGARET ANALYSIS. HE REMINDS SEVERAL U.S. AIRLINES HAVE ALREADY CUT BACK ON SERVICE TO CUBA, SEVERAL HAVE COMPLETELY STOPPED FLYING TO SANTIAGO DE CUBA CUBA, AND REMAINS NEW POLICY COULD LIKELY HELP WITH THAT TREND.>>EATS A SUPPLY AND DEMAND BALANCE, AND AT THE END MOMENT THE DEMAND ISN’T THERE.>>Hatzel: AND WHILE U.S.-BASED AIRLINES REMAIN ON A HOLDING WHEN IT COMES TO TRUMP POLICY AND TRAVEL TO CUBA WEEDENY OVER THE WEEKEND A NEW SPANISH AIRLINE. THE AIRLINE-HAVE WILL HAVE A DIRECT LINE TO CUBA FROM BARCELONA. ANALYSTS SAY NOTHING WILL CHANGE IN THE MEANTIME. THE MARKET WILL CONTINUE TO BE DRIVING FORCE FOR AIRLINES IN EUROPE AND AMERICA. YOU CAN GET U.S.-BASED AIRLINES ARE ANALYZE P ON DAILY FLIGHTS TO CUBA.>>THINK WHAT YOU MAY SEE IS IF ONE AIRLINE STARTS TO MAKE SOME CUTS, THEN OTHERS MAY FOLLOW SUIT.>>Meterologist: IF THAT’S THE CASE, EXPECT TICKET PRICES TO

 

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