“There is an easy way to change the industry. Treat airlines like businesses. Let them go bankrupt like businesses. The barriers to entry have never been lower for those that want to shake things up. There are trained staff, slots, gates, aircraft, and interesting markets available. New players could start again on things like seniority, slot hoarding, and leasing and other contracts. The entire industry needs significant root-and-branch reform. If not now, when? Yes, there will be a nasty period of readjustment; yes, airlines, airports, and even ANSPs will go bankrupt, but at least it will be honest, unlike the gravity-defying act of self-deception we are engaged in now. Get rid of the zombies we have today, living hand-out to mouth.” —Andrew Charlton, “The New Normal: Creeping Bermudaism,” Aviation Intelligence Reporter, August 2020
Qantas has decided to mothball their fleet of 747’s, Andrew discusses the reasons why and adds his perspective as to what air travel will look like after the COVID crisis.
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