Air travel has dropped by more than 95% as the Covid-19 pandemic spreads around the US, and the airlines are feeling the rising cabin pressure.
Delta and United Airlines have reported their first quarterly losses in more than five years, and the next few months look even more painful for the sector as the coronavirus pandemic causes travel demand to nosedive during what is normally the most lucrative time of year.
Delta’s CEO, Ed Bastian, said that revenue in the current quarter looks 90% lower than expected. He also said that it could take two or three years for business to recover, which is almost as long as your last flight was delayed.
“We don’t know when the recovery will happen, but we do know that Delta will be a smaller airline for some time, and we should be prepared for a choppy, sluggish recovery even after the virus is contained,” Bastian said.
When the airline industry does recover, it could look very different. One Italian manufacturer has an idea for a seat design that might make the idea of sitting next to your fellow potentially contagious passengers more agreeable.
What do you think?