This is the podcast version of our recent videocast https://youtu.be/EDnCJWurQIs
Key conclusions
We do not know where the bottom of the market is. However, we have seen upward curves in the US (Domestic) market, Europe (pre-lockdown), Mexico, Russia, and China. Private aviation is also performing strongly
Consistency of Government policy in relation to travel bans, quarantine & pre-departure testing, and the economic recovery are all key to restarting the industry
2021 will be a turbulent year but we can expect to see:
More airline failures
Further staff reductions if conditions do not improve
Asia leading the global economic recovery
Airline fleets being righted size to reflect market conditions
Potential opportunities for new entrants into specific markets
Recording date: 30 October 2020 (pre-second wave of lockdowns across Europe)
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