Contour flyer,
Supply and demand has been a way of life for the airlines for some time, more efficient aircraft and SLF preferring direct routings ended the hub and spoke model. This is just another iteration, albeit in a fore-shortened timeframe.
Ignoring Covid19 briefly, aviation was contracting before Covid19, how many airlines have gone under in the last 5 years?
$25B is a huge sum, especially as it is effectively a stop gap measure; Given the extent of the pandemic and the likelihood that the market is unlikely to start recovering in the near future, is this the best use for this sum?
Aviation, along with other industries is not going to bounce back to pre-Covid19 volumes in the short term, therefore, it makes no sense to maintain readiness for a market that is unlikely to be there for some time.
Food airfreight isn't going to contract substantially, people are used to having seasonal produce available all year round; Airfreight is actually doing well, lower oil prices and increased demand (PPE,etc).
Aviation isn't the only industry whose employees have been severely impacted by the Covid19, better to use the money wisely in welfare for all those impacted and job (re)-creation when appropriate.
Last edited by Momoe; 7th Oct 2020 at 19:54.
Reason: amendment