The Impact of the Coronavirus on the Airline Industry

In this weekly podcast, Euromonitor International discusses the impact of the coronavirus on industries, economies and consumers. In this episode, we look at the impact on the airlines industry and the long-term effects this crisis will have on the aviation as a whole. A sharp decline in demand has triggered huge financial difficulties and liquidity problems for all carriers, forcing many operators to suspend thousands of flights and services. Fleets are grounded while capacity, frequency and costs are cut. The industry will need life support in the form of government bailouts, emergency financial help and loan guarantees - as well as waivers from stringent local regulatory requirements in order to avert a complete collapse.  Lots of brands claim to be number one… but can they prove it?At Euromonitor International, we help brands build trust through evidence-based research. Our claim validation service ensures your marketing messages are backed by real data. Stand out in a crowded market. Visit euromonitor.com/claims to learn more.