GEW Malaysia 2020: "Navigating The Aviation Industry During Crisis: The aviation industry and its opportunities Key challenges during the pandemic"

The airline industry has come to a near standstill. From nearly 1.2 million international flights in December 2019, there are fewer than 200,000 scheduled to operate in April 2020. Almost all major countries have pulled up the drawbridge and restricted large extents of the world’s population from crossing their shores.

Domestic aviation markets have not been immune to this, either. The cascading effect of low international traffic has hit the fortunes of hub carriers across the globe. In addition, strong social distancing protocols (as is the case across most parts of Europe) or complete lockdowns (in large travel markets such as India and South Africa) have resulted in a mere trickle of domestic operations.