You really see a post 2008 style bull run after this one? Great, if so, we should all be buying a few airline stock, particularly Cathay and Swire shares. And I honestly hope you're right, that there will be a huge, rapid recovery.
My money is on this passing much like 9/11. That shook up the industry but it was a black swan event not a structural failing like the GFC.
Sure 9/11 claimed plenty of poorly run and capitalised airlines as will this virus. I dont think fear will keep people from travelling though, heck in this part of the world it is hard enough keeping people at home for thier own good during 'lockdown'.
I dont think the fear of travelling will be any different to the early post 9/11 days.
And then there is the potential of a vaccine already undergoing human trials.