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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:
  1. Covid'19 impact causing all passenger airplanes to be stopped till lockdown is over.
  2. This increase salary cut, unemployment for Airline industries.
  3.  Airport are merely used only for logistics.
  4. Last week Warren Buffett's Berkshire Hathaway has sold 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 one going to get profit out of it.
  • In my perspective overall Airlines will see a major downsides for next couple of years.
What alternative Airlines can do?
  • Encourage employees to bring idea on operations and move more flights on logistic purposes.
  • Re framing its airplanes to adopt security measures will give people confident to travel. 
  • Government should take necessary steps to see how fast Aviation can be recovered.
Please post your ideas or thoughts on Aviation can recover post covid'19.

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