International Flights from the USA Cut

Downturn hits international travel; flights from USA cut:
http://www.usatoday.com/travel/flights/2009-02-09-overseas-flights_N.htm?loc=interstitialskip

With demand for international trips in free fall, most U.S. and foreign airlines are cutting international service to and from the USA. They're reducing the number of scheduled flights or parking big jets and putting passengers on smaller ones to avoid flying money-losing, half-empty flights.

In March, there will be about 466,000 fewer seats — about 15,000 seats a day — on scheduled non-stop flights from the Lower 48 states to foreign destinations, according to OAG-Official Airline Guide flight schedules analyzed by USA TODAY. Industrywide, that's a 5.3% March reduction year over year. Some carriers have cut capacity to and from the USA by a third.

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If the largest percentage of guests at European hostels is from the USA, do you think European hostels should focus more on targeting EU backpackers? (or even Japanese, since the yen is strong)