LNCS0930 wrote:T4thH wrote:LNCS0930 wrote:it’s not like 911 when people are afraid of someone doing something on a plane. People will get over this fast once the cases stop or dramatically slow
...but if the global economy has been harmed enough and we will be in the next global downturn for, let us say, 4 or 5 years, than the airlines will be again for prolonged time harmed. As the global economy was already weak with the trade war and Brexit as example, the Coronavirus just came to the wrong time and the on-going hysteric, we can see now, is even more worse. With the over capacities and many already weak airlines, not earning money....
I can’t see how this would impact the economy for 5 years. The only way that happens is if a vaccine never comes
Plenty of countries haven't even recovered from the last crisis. It was only a "virtual" crisis, created entirely on financial markets, yet it had widespread consequences. Here the impact is to the real economy, and to people, families. I hope we can recover fast, but it's just hope, not a prediction.