The Future of Air Travel: Aviation 2021

November 9, 2020

This is the podcast version of our recent videocast

Key conclusions

  • We do not know where the bottom of the market is. However, we have seen upward curves in the US (Domestic) market, Europe (pre-lockdown), Mexico, Russia, and China.  Private aviation is also performing strongly
  • Consistency of Government policy in relation to travel bans, quarantine & pre-departure testing, and the economic recovery are all key to restarting the industry
  • 2021 will be a turbulent year but we can expect to see:
    • More airline failures
    • Further staff reductions if conditions do not improve
    • Asia leading the global economic recovery
    • Airline fleets being righted size to reflect market conditions
    • Potential opportunities for new entrants into specific markets

Recording date: 30 October 2020 (pre-second wave of lockdowns across Europe)

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