Is Your Airline a Pollyanna or Cassandra?

Photo credit: Interior of a recently opened terminal at Reagan National Airport in Washington, D.C.  Airline Weekly / Edward Russell

We’re in the thick of U.S. airline first-quarter earnings, and executives almost across the board are optimistic that the industry has turned the corner. But is that optimism misplaced? Brazil, after all, offers a cautionary tale of how the virus isn’t yet done with us.