The devastation that coronavirus has rained on the world feels almost impossible to quantify. Along with the lives lost, entire industries are flailing. Travel has been one of the hardest hit, affecting the lives and livelihoods of millions. As we tally the corporate carnage, some numbers stand out and show just how deep the travel depression is:
The number of years it took the airline industry to recover from 9/11. I think this may be the most significant number for the travel industry right now. Destruction from the coronavirus...
pdacosta the times, they are a changing
TheFireTracker2 It would help if they'd put the June schedule up.
Terrible. Communist China is responsible for this global pandemic as well as the WHO WHO
Perhaps companies should create a virtual travel industry that is almost as good as the real thing if that's possible. I'm picturing trying to communicate with an Italian waiter who barely speaks English. On the other hand, that happens in Los Angeles on a daily basis!
Current administration's lack of vision caused this. If the country were completely lockeddown for 1 month, by now the situation would be under control. Less people would die and economy also would be less impacted.
business has risk
Good! They've been screaming us for decades!!!
Airlines have price gouged us at every turn and given us crap service in return. Hopefully when this is done they appreciate our dollar a little bit more.
Buy buy bye the Stock market
Thanks, government!
Did the number of grounded aircraft in this piece include the 737 max fleet?
This has gone on too long. Time to get the travel industry back up and running!
I have learned during this time just how fragile all of our lives and the economy is. I hope that they all get back flying very soon! RockettNews WSJ
Excellent piece.
Oil 🛢 industry is also doomed, indirectly now.
Rally bad situation.
realDonaldTrump senategop housegop senatedems HouseDemocrats do you see any airline executive suffering. No!!! Those aholes are sitting on their yachts. Those should go to prison for mismanagement and putting rest of employees in harms way.
🤔🤔
What did they do with the 2.1 billion per quarter in average profits/earnings in 2019?
Florida's beaches allowed to open at local leaders' discretion. Department of Health has reported more than 25,000 coronavirus cases and 740 deaths.COVID19
BTW, nobody gives a fuck about the airlines.
JasonSilva they can afford a little break from all the money they've been making of us
But did they manage to maintain 45 min wait times(?) You know, for nostalgic reasons.
QUICK: THE CEOs' stock options depend on 1. Firing as many people as they can get away with and; 2. Getting a fat government subsidy with no strings attached!
Chapter 11 for them all.
I'm actually surprised this year's figure is that high TBH
USA sick man of the world
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