The Airline Business Is Terrible. It Will Probably Get Even Worse.
An industry that is intimately familiar with failure confronts a crisis unlike any other. Executives say they have no idea when passengers will return.
The New York Times
Devastating as the downturn has been, the future for the airline business is even more bleak
'Major airlines are averaging an anemic 23 passengers on each domestic flight and losing $350 million to $400 million a day as expenses like payroll, rent and aircraft maintenance far exceed the money they are bringing in.'
Wait until they hear about the #ClimateEmergency ”Most industry analysts and executives expect years to pass before airlines fly as many passengers as they did before the pandemic.”
19/ Airlines, staring at billions in losses, are passing out masks & wipes, trying to convince people that it’s safe to fly
But these two pieces
don’t leave one super psyched to hop onboard