Originally Posted by
KC135
So which airline(s), if any, remained profitable during the previous economic recession?
Do your own research on that. This recession will be different. All the tools that were used last time round are pretty much unavailable and can’t be used to soften the blows of the coming recession. And now with China devaluing their currency, it will lead to competitive devaluations amongst world governments to try and keep their goods cheaper. We are in uncharted waters. This next recession will be one for the books and no airlines will get away unscathed. Some will fail. None will grow. Tick tock, tick tock...