Corporate travel has fallen off a cliff during the pandemic, taking airline traffic with it. The Las Vegas Strip, ordinarily bustling with conference-goers and leisure travelers alike, more resembles a quiet resort town than the 24/7 hive of activity it usually is.
No cruise ships—aside from some Covid-19 stricken stragglers—have embarked from or entered U.S. ports since mid-March, 2020.
Even domestic leisure travel, a relatively bright spot over the summer and into the fall, is coming up against a surge of Covid-19 cases and a fresh lock down situation.
Airlines for America, the lobbying group representing major U.S. carriers, has warned that the U.S. airline industry is unlikely to bounce back from the COVID-19 drop for at least four years.
The International Air Transport Association (IATA) announced experts believe it will take until 2024 for the airline industry to return to Corona levels.
The airline industry is facing its biggest disaster ever as Capitol Hill hits another impasse over a Coronavirus relief bill, said Sara Nelson, president of the Association of Flight Attendants-CWA.
t has been 250 days since the last stimulus bill passed. There’s been talks about a new Senate bipartisan $908 billion measure, which includes money for small businesses, state and local governments, and funding for $300-per-week unemployment benefits.
Hundreds of thousands of workers have lost their pay, many are disconnected from health care and wondering how they’re going to pay their rent check, how they’re going to get by, and they are in those bread lines right now with a lot of other Americans.
Including more than 30,000 furloughs at airlines like United and American that began last month and the departure of thousands of other workers who accepted buyouts from Southwest, Delta and other carriers.
CNBC / ABC Flash Point Aviation News 2020.