Troubled Times: Aviation in Crisis

No industry has been hit harder by the corona crisis than the aviation industry. How long can airlines survive under these conditions?

Since the beginning of the outbreak, airlines around the world have reported millions of dollars in losses every day. Countries pump financial aid and loans into their national airlines with the hope of preventing bankruptcy. Italy took full control of the already weak airline, Alitalia, to try and keep it afloat. Even well-off companies such as Swiss and its parent company Lufthansa are on the verge of collapse while facing their biggest crisis in history. There is no end to the corona restrictions in sight, and experts believe that it will take many years for airlines to fully recover. What future strategies and approaches can keep the industry alive?