The leisure market will come back strongly in the UK. All I hear from people I come across every day is ‘when can I go on holiday?’. They’re holding off booking because of the uncertainty of the holiday going ahead, not out of fear of the virus.
Of course, this means close to zero cash flow in the meantime. That doesn’t work well in the aviation business. The network will be 20% smaller next summer but if advance bookings improve who knows what will happen to the plans. Maybe the guys laid off will be kept engaged with a view to bringing them back in for the summer 2021. Let’s hope so.