Will the airline industry bounce back?
April 3, 2020
If you’re not keen on reading the entire article, the answer is – it won’t bounce back for a long time – a very long time.
Of all industries affected by the Covid-19 virus, the airline industry has arguably been hit the hardest. To date, more than 40 major airline companies have been put on hold, grounding their aircraft and suspending nearly all of their flights.
Furthermore if the risk of contracting the virus hadn’t made traveling unappealing already, the increased restrictions countries are putting in place on international arrivals have made international travel even less appetizing.
Social distancing has also made flight crew skittish and hesitant to resume their jobs. Having spent weeks in isolation, many are not looking forward to the prospect of confining themselves in an aircraft with potential disease vectors.