The Covid-19 Crisis
Is the world falling apart? It feels that way for airlines. Just a few short weeks ago, things were looking rather bright. As the new year began, prospects for travel demand appeared healthy in most parts of the world. Global...
The alarm bells are ringing across the global airline industry. A coronavirus crisis that first decimated China’s travel market is now spreading elsewhere. Not only are people across the globe becoming warier of getting on airplanes. International commerce is feeling…Read The Issue
Crises have wracked the airline industry almost since its inception. Wars, diseases, economic recessions and depressions, jet fuel price spikes — the list is almost endless and illustrates an industry almost uniquely prone to exogenous shocks. The Covid-19 pandemic started...Read More
Airlines Begin to Emerge From the Crisis to New Competition and Remade Markets Welcome back! The airline industry is making its usual summer-to-fall transition in a very changed world. Leisure travel demand soared in many regions during the summer, as...Read More