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The airline industry needs to be resized as well as bailed out. Business travel will be permanently impacted by the shift to digital communications that is bei
by Merrill 7y ago
The airline industry needs to be resized as well as bailed out.
Business travel will be permanently impacted by the shift to digital communications that is being forced upon business now.
Leisure travel will not come back until there is a Covid-19 vaccine, which is 12 to 18 months at least. Even then, higher ticket prices due to the lack of the more profitable business travelers, combined with a lack of consumer expendable income, will curtail demand for another year or two.