Share
In 2020, the operations of airlines were shattered. Over 60% of commercial aircraft in the world have been grounded. While floats were leaving the aircraft storage facilities to spend months at the warm, dry desert sunshine.
The International Air Transport Association warned in April 2020 that 25 million jobs were in danger of collapse because of COVID-19 demand for air services. The Effect of the COVID-19 pandemic leaves the international airline sector with a colossal loss of US$371 billion of gross passenger income by 2020 with another predicted loss of US$286 to US$317 billion by 2021.
Due to this devasting event in the airline industry, you could expect certain big names to disappear from the sky. The Aviation Centre, CAPA, lists only 34 non-surviving airlines in 2020. However, 46 commercial airlines fail in 2019 and 56 in the year before according to travel data company Cirium.