Originally Posted by
flocci_non_faccio
I do tend to think that as and when restrictions are lifted, in the UK at least people will still want to go on holiday. It may well be though that travel habits go back to the old fashioned two weeks bucket and spade in the summer. That may bode well for the likes of TUI and Jet2.
The idea that the industry, Jet2 included, won't contract between by 10-20% as so many holidaying people have lost jobs is difficult to argue against now, since the 23rd March a lot has changed.
Flying schedules will be slow to get going again, some crews got current, some continued to be furloughed. The global economic impact of what we are seeing is unprecedented and like other global events the aviation industry will take years to recover from.
Sadly more will lose their jobs and even worse some their lives. Let us hope we make it out alive and prepare of a very much smaller industry that will take years to recover to January 2020 levels.