PPRuNe Forums - View Single Post - Who will survive this and be here in 6 months ?
Old 25th Apr 2020, 17:12
  #485 (permalink)  
Big Pistons Forever
 
Join Date: Jan 2004
Location: Canada
Age: 63
Posts: 5,209
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Originally Posted by JanetFlight
Give it an year and half +/-, a working vaccine, some virus normal weakening&people immunity and memories erasure process and yeap, indeed... No doubts about that.
Peoples memories are short, absolutely, but you still have to have money to travel especially for holiday travel which is entirely discretionary. The world wide wealth destruction that has occurred in the last month is unprecedented. For most average people it will take years to regain the financial position they had in January and many may never get back.

There are a range of possible outcomes and my guess is a good as yours, but the possibility of a permanent reset of the airline industry to a smaller footprint dominated by a few major players with near monopoly pricing power is definitely one of the possible outcomes. My personal opinion worth exactly what you paid for it, is that this is what I think is the most likely outcome.
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