PPRuNe Forums - View Single Post - Who will survive this and be here in 6 months ?
Old 10th Sep 2020, 07:56
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ATC Watcher
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I started this thread exactly 6 months ago, so time to reflect on it :
Most of us are still there , not everyone is at work , but not many of us have been fired or furloughed yet . Only very few , mostly small ,airlines have collapsed as a result of the crisis, mainly due to vast state aid programs . Boeing and Airbus are still there and still manufacturing aircraft , albeit at a reduced rate..
Now where are we 6 months later? : Traffic worldwide is at 45% of 2019 levels, international and long haul is down 70--80% . Load factors are in the 45-50% and States travel restrictions are growing . Today everybody seem to agree that the crisis will last until 2024 at best.
The forecast is not very good for what is likely to happen in the meantime : Existing airlines, especially the legacy ones will become smaller , some even much smaller , a few may collapse, and many airports will have to cease operations . This winter will be hard for everyone . So the question is rather now : who will survive the next 6 months ?
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