Aviation’s supply and demand balance has been out of whack since the pandemic began. That caused airfares to plummet then skyrocket. Many corporate buyers and their preferred airlines rolled agreements over, waiting for the dust to settle. Domestic demand is now strong but on the supply side, seat capacity in the U.S. market for this week is down 1.5 percent versus the same week in 2019, according to OAG, with reductions at American (3 percent), Delta (1.7 percent) and United (7 . . .

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