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Showing posts from May, 2020

AIRLINES INDUSTRY AND COVID'19

How Airlines has moved from profitable business spot to a store place for passengers Airplanes. Series of events that happen till last week on Airline Industries: Covid'19 impact causing all passenger airplanes to be stopped till lockdown is over. This increase salary cut, unemployment for Airline industries.  Airport are merely used only for logistics. Last week Warren Buffett's Berkshire Hathaway has s old the entirety of its equity position in the U.S. airline industry.   How long will it continue? No travel since April and surely this is year already started seeing one of the worst hit in most of the industries. Travel and Tourism is one of the major contributor. Personally people will maintain social distancing for upcoming years which is going to continue hit in airline industries. Everyone previous travel whenever there is a need. Now people will take alternate options to connect virtually. If you have a social distance communication apps then you are on