Airlines around the world prepare for further market turmoil as the new wave of coronavirus brings more trouble while the airline industry is among the worst hit by the pandemic. According to experts, this year the world's passenger traffic will decrease by 66%, financial losses will exceed 80 billion euros, writes Euronews..
British Airways CEO Sean Doyle says: "
While it will take time to fully recover, some market participants are hoping for increased demand following strict quarantines and travel restrictions.
Qatar Airways CEO Akbar al-Baker counts on this, in particular: “People will want to travel again, business trips will resume.. The restrictions made people think that the ability to travel depends on unforeseen circumstances, we took this opportunity for granted. "
Airports Council International and Air Transport Association Increase Pressure on Governments to Establish Effective Coronavirus Testing Process to Open Borders and Restore International Air Transport Market.