It’s no secret that the past year has brought many changes to the world. In fact, it’s becoming increasingly difficult to remember what normal life was like prior to COVID.
This includes air travel. After all, most people took for granted the simple convenience of being able to book a flight any day of the week and go anywhere you want. Apparently, those days are over, at least for now.
This article takes a look at some airline industry trends that you should be aware of before making travel plans for the immediate future. Keep reading to get the inside scoop on how the airline industry is dealing with COVID in an effort to keep everyone as safe as possible.
A Major Loss of Jobs
The simple truth is that airlines are already having to cut back on the number of staff they can afford to employ. This is due to fewer flights and more empty seats, resulting in a significant drop in revenue.
Federal aid has helped reduce the financial bleeding somewhat, but the hit is just too big at the moment to maintain full payroll.
Few Options But Cheaper Flights
This is obviously good news and bad news. Because while ticket prices might in fact trend downwards, there will also be fewer flights to fewer destinations.
While air travel is still available, many travels are turned off by strict social distancing protocols.
It’s also unlikely that you’ll be able to enjoy the same types of deep discounts that many travelers had become accustomed to in the pre-COVID world.
Bad News for Business Travel
The massive reduction in business travel has impacted a wide variety of industries. This is because many businesses have discovered that video conferencing is far cheaper and more convenient than traveling from city to city for the same meetings.
Thus the number of business travelers likely won’t reach the same levels as in the past, even when the pandemic comes to an end.
International Travel Will Remain Slow
For the moment, international travel is nearly non-existent. This is due mostly to COVID restrictions in every country. After all, governments are doing everything possible to reduce the spread of the virus.
Here’s a great resource for use in calculation aircraft cost.
There Will Be Fewer Airlines
There’s really no getting around the fact that some airlines will go out of business. With fewer passengers and fewer flights traveling to fewer destinations, there’s simply no way for airlines to remain afloat. Government bailouts are not a certainty, and the bailout money can only stretch so far. This means that airline executives will be forced to make tough decisions that will impact thousands of lives.
A Traveler’s Guide To Airline Industry Trends During the COVID Pandemic
Many people are wondering, will airlines survive COVID? It’s a big question without easy answers. Fortunately, this guide to airline industry trends provides important insight into what is currently happening and what the future might hold for travelers across the country.
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