Industry analysts estimate that 95% of airline workers could lose their jobs if restrictions continue.
As of the moment, there is no certainty in the airline industry.
95% Of Airline Workers Could Lose Their Jobs
Before COVID-19, Qantas and Virgin Australia together hired a total of 40,000 workers.
Both airlines are currently operating with only 5% of their workforce at present.
According to Tony Webber, an Air Intelligence aviation economist, they could shrink to less than 2,000 by 2021.
“There is very little they can do, given the borders are closed.
About all they can do is run some regional flights, but this is a very small part of the market.”
Nobody can give airline workers any sort of job security right now.
Such is only possible if borders are re-opened and travel flows freely between cities and countries.
The biggest threat to airlines now seems to be the closure of international borders.
Borders are closed even between countries with zero COVID cases.
Some airline leaders find this quite illogical.
According to the analysts, even when borders are to reopen, it still wouldn’t guarantee international travels to resume immediately.
There will be delays in getting aircraft ready and running.
Moreover, pilots who have been grounded for months may need to build up flying hours in planes or simulators to be allowed to take passengers again.
I hope these analysts are proven wrong though.
I believe that once borders reopen and proper quarantine procedures are put in place, people will be excited to travel again.
I remain positive.
What do you think?
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