Comparing Best and Worst Case Scenarios for the Airlines
Photo Credit: Many big questions hang over the future prospects of the airline industry. Skift / Illustration by Joanna Gonzalez
Skift Take
It will take years for the airline industry to recover from the coronavirus pandemic. That much is a given. But what shape will that recovery take and how long will it last? Skift Airline Weekly debated two scenarios — the optimistic and the pessimistic view. Where the industry goes from here depends on how long it takes for passengers to want to fly, how long the recession lasts, and how robustly governments respond.
The airline industry is facing a crisis the likes of which it has never seen in its 100 years of existence. Skift Airline Weekly went deep on two scenarios: An optimistic view of the recovery, and the pessimistic. You can watch Senior Analyst Jay Shabat and Editor Madhu Unnikrishnan discuss both scenarios in our recent webinar.
Part One: Half full, or why the airline industry should be optimistic.This much is clear: The world’s airline industry is experiencing its greatest crisis ever. Nothing in the past comes even close. But as governments provide massive support to distressed economies, as entire societies mobilize to defeat the pandemic, and as airlines themselves take advantages of unique opportunities presented by the crisis, brighter days might come sooner than later.
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