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Old 29th Feb 2020, 09:48
  #100 (permalink)  
racedo
 
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This was the basis of starting the thread. Discovering impact on the industry. Already we are seeing passengers voting with their facemasks and believe this is only the start. Indebted airlines will start to have problems in the weeks ahead as cash flow dries up.

IAG already stated it cannot give ANY profit forecasts going forward, others will quickly be in this position. 3rd week of April is when airlines report their quarter results and believe many will be in a bad position.

This industry is about confidence, this no more evident that 2001, post 9/11. Additional security reassured passengers but difficult to reassure passengers when you can't see, smell, taste a potential infection. This is why it is worrying and agree that UK tourist industry is set for a potential boom. No doubt brextiteers will be cheering as a justification but downside is many job losses will also ensue from Airlines / Airports and Travel industry. It may be short term which everybody hopes but if not then who knows.
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