I think the airline industry is sort of uniquely vulnerable vs other travel/experience related industries: in the short term, supply may outstrip demand for som

I think the airline industry is sort of uniquely vulnerable vs other travel/experience related industries: in the short term, supply may outstrip demand for some time against a relatively fixed cost base; and in the medium term, there may be limited ability to scale back up rapidly if airlines are unable to re-recruit pilots and crews they had to let go to deal with the short term.