The Future of Air Travel: Aviation 2021
Автор: Andrew Ward
Загружено: 2020-11-03
Просмотров: 1175
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*Download the podcast version here: https://podcasts.apple.com/gb/podcast...
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In this videocast we spoke with Chris Tarry on the future of air travel in 2021.
Key conclusions
1) We do not know where the bottom of the market is. However, we have seen upward curves in the US (Domestic) market, Europe (pre-lockdown), Mexico, Russia, and China. Private aviation is also performing strongly.
2) Consistency of Government policy in relation to travel bans, quarantine & pre-departure testing, and economic recovery are all key to restarting the industry
3) 2021 will be a turbulent year but we can expect to see:
• More airline failures
• Further staff reductions if conditions do not improve
• Asia leading the global economic recovery
• Airline fleets being right-size to reflect market conditions
• Potential opportunities for new entrants into specific markets
Date of recording: 30 October 2020
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