Airlines just can’t get the world flying again. Despite a U.S. boom in vaccinations, many countries are battling a resurgent coronavirus. That means carriers are now expected to end 2021 offering about two-thirds the number of seats they did in 2019 and passenger demand could be even lower.

Globally, scheduled capacity is stuck at about 58% of pre-pandemic levels, says John Grant, chief analyst at aviation data specialist OAG. For every market that grows, another seems to fall back, he said.

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