Airlines Get Pushed to Brink Again With Virus Decimating Demand

Aug. 5, 2020, 4:01 AM

Just a month ago, airlines around the world began adding flights as national lockdowns eased and people craved an escape from hibernation. But as the travel season reaches what should be its annual peak, hopes for an industry rebound have been dashed by flareups of the pandemic in Asia, a deepening health crisis in the Americas, and the reimposition of flight curbs in Europe. As a result, the aviation world is becoming increasingly resigned to years of depressed demand as optimism about a quick rebound from the crisis is swept away.

The reversal is pushing airlines to rethink plans to...

To read the full article log in. To learn more about a subscription click here.