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COPENHAGEN  Scandinavian Airlines CEO Rickard Gustafson said that there were signs of demand recovery during the summer schedule but, coronavirus cases surged in Sep. 2020 and Oct. 2020, both in Europe and the US.

As a result, extended travel restrictions caused a negative trajectory.

During the fourth quarter of 2020, Approximately 40% of the airline's pre-pandemic markets were under travel restrictions. It grew to over 65% by the end of the quarter. To adapt to the recent developments, the carrier reduced offered seat capacity to well below 40% by the end of Oct. 2020.#

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