Delta JV may cut trans-Atlantic capacity 10%
It was pretty predictable. Over the past year or so, airlines have been pouring capacity into the trans-Atlantic market to the point that as early as last summer some were questioning just how long that would last given the across-the-board capacity increases. Indeed, during the first quarter earnings calls all the airlines noted the predictable decline in yields across the Atlantic announcing they would be imposing capacity cuts in autumn.
