A commentary by Naveed Kapadia on the economic hardships triggered by the pandemic and the need for a consistent, coordinated approach by governments and other stakeholders.
There have been wide reports of mass airline redundancies in recent weeks as the entire aviation industry goes through a severely turbulent time. These difficult times are the lag indicators of wider challenges upstream.
Airlines in Europe were beginning to show some signs of recovery, however fragile, when the virus numbers started to rise again. The steady traffic increase clearly stopped since 7 August and traffic is at ‐51.5% (7‐day rolling average) compared to 2019.
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