Unfortunately I believe this is true. I don’t think people fully realize what it takes to get an airline moving from a 2 month standstill. They can’t just ramp back up operations like normal. They will need to test that waters first with only a few flights and chances are that these flights will not be profitable to begin with. They will then gradually add capacity over a few years. Any airline that had to stop operations entirely will basically be starting back as if they were a new company, and then start to grow. This will take YEARSSS, and most airlines will not survive.Redwine wrote: ↑Fri Mar 20, 2020 9:23 pm I wouldn't worry about companies laying off. This virus will pretty much be the end of aviation as we know it. This virus is expanding exponentially and will kill off any remaining airlines. It's just a matter of time. Anyone who thinks this matter will go away in three to four months is out of touch with reality.
The problem is that, even after the pandemic is over, hundreds of thousands of Canadians will still be laid off. Most small/medium size business’ will go bankrupt because they can not survive a shut down for a few months, even with GOV help. Our employment rate will skyrocket.
Everyone will be cutting back expenses. No one will be taking vacations or travelling unless absolutely necessary. Although people won’t fear the virus, they just won’t have the money.
Anyone who thinks this will all be over, and we will be back to a pilot shortage in a few months is naive. Our way of life will be changed forever.
