When Will Aviation Return To Pre-Coronavirus Levels? [Forbes]
EASYJET PLC S/ADR (ESYJY)
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Source: Forbes
The quick answer to this question is, unfortunately, not for a very long time. The recovery in demand will be long and slow. However, it will happen.The second golden age of air travel has just been and gone, and it will be a significant period of time before we see the aviation sector back at its peak.Many in aviation are looking for clarity as to when the industry may return to some element of... [+]normality. United Airlines planes with the Manhatton skyline in the backround at Newark Liberty International Airport in New Jersey. (Photo by Niall Carson/PA Images via Getty Images)Aviation is undoubtedly one of the industries hit hardest by the outbreak of COVID-19. than 40 major airlines have now grounded their entire fleets and many other airlines have suspended over 90% of their flights.International flights have been hit hardest, due to the widespread border and entry restrictions around the world. The overriding issue with this is that most airlines make the vast majority of the
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