PPRuNe Forums - View Single Post - Air Canada laying off 20,000 staff
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Old 16th May 2020, 01:49
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tdracer
 
Join Date: Jul 2013
Location: Everett, WA
Age: 68
Posts: 4,410
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I read that, worldwide, commercial aviation is currently losing over $18 Billion a month!
In the immediate aftermath of 9/11, the industry lost more money than it had made since the advent of commercial aviation.
In spite of how incredibly successful and profitable the industry has been the last 10 years or so, it appears history is repeating itself...
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