Emirates Airline’s Sir Tim Clark, in an interview with The National, Abu Dhabi, opines that that COVID-19 pandemic is upsetting the airline industry, with airlines facing significant risk despite government intervention. He feels that the airline industry will shrink 20%—30% and carriers should write off the summer,

“We have just got to accept that in the next year or two, perhaps a bit longer, demand for air travel is going to be tempered in many respects,” he said. “What emerges from this will be in my view almost perhaps 20 or 30 per cent less than what we were experiencing prior to the coronavirus kicking in.”

“It’s anybody’s guess as to what is going to happen, what people will do this summer,” he said. “Frankly if it was me, I’d write it off, and if you get anything good for you, that’s great. But don’t think it’s going to come back like a tsunami because I don’t think it will.”

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