Airline fleets are being shuffled to position for recovery

Interesting snippet in the news today from easyjet -

“This relaxation and removal of restrictions has sparked a positive booking momentum across Europe with the majority of our bookings showing a strong swing towards Europe – when in normal times it would be a 50-50 split with the UK.”

I would imagine a lot of their aircraft will be re-positioned in easyjet’s key European hubs - such as Berlin and Milan - with consumer confidence no doubt returning with the announcement of the EU COVID passport being effective from 1 July.

Expect the islands of Spain and Greece to be the best initial performers, with Portugal also benefitting from their (so far) successful management of COVID.