Analysis
The global aviation industry, savaged by the effects of Covid-29, today resembles a hopeless drunk, lurching towards the next crisis. This is the raw assessment of the present reality according to CAPA Founder and Executive Chairman, Peter Harbison, in his upcoming monthly outlook presentation in the Apr-2021 edition of CAPA Live.
“Even the US airline majors - who operate inside a protected domestic market that has delivered higher profits than the rest of the world combined in recent years up to 2019 - have been bailed out three times and most have gone through Chapter 11 reincarnation since 2000”, said Mr Harbison.
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