On the other hand are those government sponsored airlines well suited to sit out the crisis and wait for better times. And fly at a loss in the meantime is neither a problem. Worse with those airlines that are based in countries that try to throw a shine of we are not supporting our airlines just lending them some money on commercial terms.
Besides the distances across the world do not shrink just because of CoVid19. You still have to stop off somewhere between sample Australia and Europe. And they who seem themselves so important they have to be seen often in person are just the ones with the money to pay extra for both luxury and safety including from bugs. And travel for business seems to open up before hollidays, at least for avoiding quarantines in some countries.
If on the other hand direct extremely long passenger flights where to be the solution in the short term Emirates have just the plane that could perform them and you still could travel in comfort. If deals could be made with foreign governments.