Originally Posted by
Wilfortina
As someone who hasn’t been in the industry for a downturn, I don’t have much to compare this to. Are we looking at another lost decade here? I know there were a lot of factors that contributed to it last time, but if what I hear is right, this drop in passengers was quicker, deeper, and slower to recover than 9-11
yes, the 3700% sudden drop off in passenger traffic was unprecedented. If the big three all come back as smaller airlines and the habits of passenger travel change Permanently then yes we are all screwed.