Originally Posted by
frozenpilot
However, we must look at each event in isolation. P*ssed off Brits stuck at home for extended periods being part funded by the Government! Oil costing a fraction of what it did previously. Chancellors motivated to prop economies up, not normal in a recession..
https://www.flightglobal.com/strateg...137774.article
I found this article, copied from another thread very interesting, as a view from an analyst that seems fairly balanced, pointing that the aviation industry as we knew it in January will take a few years to return.
...It also warns of weak traffic growth stretching deep into the upcoming decade. It will take until 2022 or maybe 2023 to recover the level of traffic seen in 2019, since aviation volumes are directly related to economic activity and the world economy will shrink through this outbreak...