I think the thread title needs to be revised to read '1965 levels'..
Yes, I fully agree that we are looking at "1965 level" here, if not "1945 level". And not just YVR. We are going to see 1965 or 1945 level globally. HKG is receiving less than 1000 arrivals daily. For an airport that carried 71 million passengers in 2019 (and that's already a reduction from 2018 due to severe civil unrest locally), that translates to 30,000 arrivals a month, i.e. a 99% drop.
Travel is not going to rebound soon, because
1. people were told to stay home, and that will most likely continue until late May or early June for Canada
2. most people have lost their jobs or afraid of losing their jobs, so even after the crisis passes, they are not going to spend on non-essential items like vacationing
3. the disease is not going away soon, so people will be wary of getting stranded in the middle of their travel (by sudden border closure and flight cancellation, etc.), even after this outbreak passes and business returns with the "new normal" with low number of cases continuing in the background
4. business travel will drop a lot in the immediate term as businesses cut back on expenses, even after business resumes
5. the worst part is that business travel demands will drop even in the long term since
(a) business found that it's actually not too bad to video conference, and although there are things that really cannot be done and deals that really cannot be closed without personal meetings, the crisis would prove that some (or actually many) so-called essential meetings and business travels are really not
(b) business starts to re-think their supply chains and reduce reliance on global supply chain, so more goods and components will be sourced closer to where the consumers are, reducing the need to travel, especially long range travel
(c) countries re-think about their national security (e.g. no one will want to have to fight to get PPEs from other countries any more), so there will be more products that will be classified as strategic items and will be produced domestically (e.g. medical equipment, pharmaceutical components, drugs), reducing international trades and thus the need for business travel for those industries
My last flight was on Feb 5, from ORD to HKG. The outbreak had not reached US at that time (or may be it's just it's not discovered yet at that time), but I wiped down the seat, the table, PTV screen, the seat belt and even the handle of the overhead bin with 70% alcohol wipes before I sat down and opened the bin. I don't want to have to clean the plane every time I fly. Many people will probably have the same thought. Personal and business travels will be depressed severely for a long time.
319/20/21 332/33 342/43/45 359/51 388 707 717 732/36/3G/38/39 74R/42/43/44/4E/48 757 762/63 772/7L/73/7W 788/89 D10 M80 135/40/45 175/90 DH1/4 CRJ/R7 L10
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AA DL UA NW AC CP WS FL NK PD
CI NH SQ KA CX JL BR OZ TG KE CA CZ NZ JQ RS