Issue Summary

The once-in-a-lifetime Covid crisis already is reshaping the global airline business in profound ways. In London, the world’s largest air travel market, the upheaval has some major players in retreat, and others (like Wizz Air) sensing a once-in-a-lifetime opportunity. Never in its lifetime has India’s SpiceJet flown overseas. But it’s dabbling in the market now, plotting a new post-crisis strategy amid powerful forces of change like the potential privatization of Air India, the decline of Gulf carrier influence in Indian markets, the longhaul ambitions of Vistara, and the growing domestic dominance of IndiGo.