Airport Uncertainty
The concerns of airport administrators don’t differ much from those of airline executives. They all want their passengers back.
Airports were among the casualties when the commercial aviation industry crashed. To assess the injuries, Luckbox requested the aid of sector expert Stephen Van Beek. Here’s what he had to say.
How long will airports and airlines remain under the spell of COVID-19?
The airlines are acknowledging that this isn’t a six- to-nine-month problem, or even a one-year or two-year problem. It’s more like a three- to five-year problem.
And if it is that long, the industry will not return to the form it had on Feb. 29, 2020. There’s just no way it can go through a period of years with an abundance of capacity...
