The economic impact of the COVID-19 pandemic has reached all productive sectors. The massive spread of the virus and social distancing measures have led to a dramatic decrease in economic activity.
The aviation industry, vital for tourism and business, has been hit hard. Investors and analysts state that this crisis could be worse than the one that followed the SARS outbreak in 2003 and the one after 9/11.
In this article we will describe how the future of airlines looks and explain how bad the current situation is.