Inside the airline industry's meltdown

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The long read: Coronavirus has hit few sectors harder than air travel, wiping out tens of thousands of jobs and uncountable billions in revenue. While most fleets were grounded, the industry was forced to reimagine its future

. Companies that have been brought to the brink, or in some cases collapsed entirely, include Virgin Australia and Virgin Atlantic, Flybe in the UK, South African Airways, LATAM and Avianca in South America, Compass and Trans States in the US. Airlines for America, a trade group, calculated that the last time the US averaged fewer than 100,000 daily passengers was in 1954.

 

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