The unprecedented year of 2020 plunged the aviation industry into the worst period of its history, bringing the first decade of steady airline profitability to a staggering halt. The Covid-19 pandemic upended airlines, airports, plane-makers, and leasing firms in a dramatic, unforeseen way. The global outlook for aviation in the upcoming six months, March 1st to August 31st is extremely depressing Oliver Ponti, ForwardKeys The pandemic wiped out 21 years of global passenger traffic growth in 2020, hurling airlines back to 1999 levels, according to aviation analytics firm Cirium. In 2020 alone, more than 40 commercial carriers… Read further. More
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