Remote workand other flexible working arrangements are likely to remain in some form postpandemic and people will take fewer corporate trips. The airline also offers easy online flight changes/cancellations and is extending travel credits through at least Dec. 31, 2022. has always offered remarkably flexible change and cancellation policies, so it was well-situated to adapt to the upheaval caused by the pandemic. By means of comparison, the retail industry spends around 6 percent on average, and financial services 10 percent. McKinsey_Website_Accessibility@mckinsey.com. OK92033) Property & Casualty Licenses, NerdWallet | 55 Hawthorne St. - 11th Floor, San Francisco, CA 94105. COVID Resources from Airlines American Airlines Delta Airlines JetBlue Airlines Southwest Airlines United Airlines Other Government Resources The White House COVID-19 Plan and National Strategy for the COVID-19 Response and Pandemic Preparedness Coronavirus.gov U.S. Government COVID-19 Resource Center Coronavirus Resources at DOT The resulting knowledge products will be published as a series of scientific briefs or interim guidance documents as applicable. The next step is to resize and restructure the operating model and organization using a zero-based approach, which can be done in a matter of weeks. For more information see Requirement for Proof of COVID-19 Vaccination for Air Passengers on CDC's website. We also expect that smaller flag carriers, which have an important economic role beyond employability, will continue to receive either direct or indirect government support during the crisis, but we think that those airlines are unlikely to drive consolidation as buyers. When evaluating offers, please review the financial institutions Terms and Conditions. One of the outcomes of the COVID pandemic is that people's working lives have changed. The Delta CEO shared in recent testimony that over 90% of employees were vaccinated. This guidance, the Runway to Recovery: The United States Framework for Airlines and Airports to Mitigate the Public Health Risks of Coronavirus, lays out a framework for implementing public health measures in the aviation sector to minimize the risk of COVID-19 transmission. The airline eventually conceded that the operational recovery was "more difficult and prolonged" due to schedule and staffing reductions made during the pandemic. Meghan Coyle started as a web producer and writer at NerdWallet in 2018. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity / expression, national origin, protected veteran status, or any other characteristic protected under federal, state or local law, where applicable, and those with criminal histories will be considered in a manner consistent with applicable state and local laws.Pursuant to Transparency in Coverage final rules (85 FR 72158) set forth in the United States by The Departments of the Treasury, Labor, and Health and Human Services click here to access required Machine Readable Files or here to access the Federal No Surprises Bill Act Disclosure. In previous crises, leisure trips or visits to friends and relatives tended to rebound first, as was the case in the United Kingdom following 9/11 and the global financial crisis (Exhibit 1). During the pandemic, e-commerce sales soared while many passenger flightswhich are responsible for delivering around half of total air cargowere grounded. U.S. and foreign air crews are subject to the approved Occupational Health and Safety Plans established by their employers. American confirmed to NerdWallet that it's asking employees to submit proof of vaccination or request an accommodation by early January 2022. And while our site doesnt feature every company or financial product available on the market, were proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward and free. The FAA is waiving the 80-percent-use requirement through May 31, 2020 for U.S. and foreign airlines that have affected flights, and isproposing to extend the waiverthrough Oct. 24, 2020. We see a glut of latent demand of people eager to travel. Episode #87 - Is Measles making a comeback? Taking a bionic approach to digital transformation can lead to successful business outcomes. Carriers can also invest in the customer experiencesuch as making check-in and boarding processes more seamlessand support servicesfrom revenue accounting to invoicingto drive the next level of efficiency. Episode #49 - Can I get infected after vaccination? This model allows us to forecast the demand outlook as accurately and dynamically as possible. Over the past ten years, low cargo rates and the unprofitability of the cargo business have led many airlines to relinquish or scale back their dedicated cargo freighter fleets. While most major U.S. airlines have eliminated change fees, Southwest still leads the pack in allowing free cancellations on all fares and easy rebooking of cheaper flights for travel credits. Misinformation #7: COVID originating from the Wuhan lab is a conspiracy theory. When flying through such turbulence, its critical to focus on the horizon. Receive email updates about the latest in Safety, Innovation, and Infrastructure. And debt levels are still rising (Exhibit 2). No matter their starting point, BCG can help. Airlines may look at freighter conversions, especially as their passenger fleets reduce in number. Airlines are scrambling to meet this recovering demand, and many are phasing out flexible booking policies. The most critical question today concerns the duration of the crisis in light of government responses and the progression of the virus. The airport certification safety inspectors will complete inspections by September 30, 2020, as required byPart 139andFAA Order 5280-5D(PDF). Boston Consulting Group 2023. Since October 2020, the WHO Guideline Development Group for International Travel and Health (WHO ITH GDG) is tasked with regularly evaluating the scientific evidence around the effectiveness, safety and impact of public health measures for reducing travel-associated spread of SARS-CoV-2, the virus that causes COVID-19, while avoiding unnecessary interference with international traffic. The availability and implementation of passenger antigen tests, rapid PCR tests and so on will, at some point, enable travel from one country to . 2021. Episode #79 - Is poliovirus making a comeback? Episode #81 - Public Health Emergency of International Concern, Episode #82 - Older adults and COVID-19 vaccines, Episode #83 - Minimize infection at health care facilities, Episode #86 - Microbes are becoming resistant to antibiotics. Mirroring its impact on aviation, the COVID-19 pandemic has had a significant impact on airline companies due to travel restrictions and a slump in demand among travelers. Under normal circumstances, airlines can lose their slots at congested airports if they dont use them at least 80 percent of the time. Many of these new business processes were designed to help manage the flight cancellation process, protect crew, and minimize operational costs / maximize revenues. Find a COVID-19 testing location near you or use a self-test. Taking this further, products may shift to better cater to premium-leisure passengers, such as growth of premium-economy cabins or development of business-class seats more suitable for traveling as couples or groups. Read more. We do this by only using cleaning, sanitizing and disinfecting products that have been deemed by the EPA to be effective against coronavirus. All of our aircraft are regularly cleaned using disinfectant deemed by the U.S. Environmental Protection Agency (EPA) as effective against COVID-19. Network redesign (which typically occurs from 4 to 13 times a year, with time to subsequently validate and hand over the schedule to resource providers) will now likely have to be done weekly. Some airlines have responded to the pandemic by restructuring for greater efficiency; others are merely muddling through. Occasionally, this is linked to state-aid programs, which may reduce the incentive for much-needed measures such as cost, organizational, and operational restructuring. An important component of our flight plan involves assessing the market structure in the airline industry after the COVID-19 crisis. Now that airlines have dropped cleaning protocols and are selling all seats, they have just two ways to differentiate themselves: vaccine mandates and ongoing banning of potentially unsafe passengers. Taking all these factors and hypotheses into account, we have defined three potential market structure scenarios. Our partners compensate us. Analytics for reliable, real-time information The. Though it is sufficiently dynamic to adapt to new circumstances, it offers stable guidance when it comes to fundamental, structural changes in the size and shape of an airline. The inspections will be conducted using social-distancing measures to protect both FAA and airport personnel. What you need to know. While leisure passengers fill up most of the seats on flights and help cover a portion of fixed costs, their overall financial contributions in net marginal terms are negligible, if not negative. Overall rankings Winner: Delta It wasn't even close. The sector is expected to be smaller for years to come; we project traffic wont return to 2019 levels before 2024. In Europe, for example, several airlines that are part of an airline group were in relatively strong health as the crisis started. Not only did business trips take four years to return to precrisis levels after the attacks on the World Trade Center but they also had not yet recovered to pre-financial-crisis levels when COVID-19 broke out in 2020. Adnan Saulat possesses two decades of IT Industry experience primarily in the Business consulting and analysis roles. Secure .gov websites use HTTPS Secure .gov websites use HTTPS Therefore, we expect that as the pandemic subsides, the rise in leisure trips will outpace the recovery of business travel. It is folly to try and accurately forecast the future, but in this instance, it is safe to assume that technology will play a quintessential role in securing the health of airlines both now during unchartered times and in the future. Our flight plan for the new normal takes into account various air travel demand scenarios (which are in part a function of the duration of the COVID-19 Crisis) and airline market structure scenarios (shaped by, for example, airline failures, government intervention, and consolidation). Last Updated Mar. Episode #89 - Respiratory Disease in Children, Episode #91 - Everything you need to know about Trans fat, Episode #92 - Disability and health inequity, Unity Studies: Early Investigation Protocols, Surveillance, rapid response teams, and case investigation, Naming the coronavirus disease (COVID-19) and the virus that causes it, Risk communication and community engagement, Country-level coordination, planning, and monitoring, Critical preparedness, readiness and response actions for COVID-19, Guidance for schools, workplaces & institutions, Humanitarian operations, camps and other fragile settings, Maintaining Essential Health Services and Systems, WHO Director-Generals Special Envoys on COVID-19 Preparedness and Response, FAQs on COVID-19 Vaccine Delivery Partnership, Virus origin / Origins of the SARS-CoV-2 virus. Now, whenever you step on a United plane, you can be sure that the employees are fully vaccinated. These are uncertain and demanding times for every industry, but the airline industry is uniquely impacted. California Guidelines for Safe Reopening During Covid-19. 2023 Endeavor Business Media, LLC. Vaccinated employees: In August, United Airlines announced it will require all employees to be vaccinated against COVID-19 by late October, although that timeline may move . Independent Oversight and Advisory Committee, Evidence to recommendations: COVID-19 mitigation in the aviation sector. CDC Guidance The CDC recommends that you are up-to-date on your COVID-19 vaccines before international travel. Similar support has been, or likely will be, offered (whether to employees directly or to companies) in the Middle East and some Asian countries. What You Need to Know If you plan to travel by air to the United States from China, Hong Kong, or Macau, you will need to get a COVID-19 viral test no more than 2 days before your flight. COVID-19 international travel rules change frequently. Although we strove to perform as objective an analysis as possible, these (and any) rankings have an element of subjectivity. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. All rights reserved. Relationships with IT and distribution providers could be reexplored. Managing Director & Senior Partner, Travel & Tourism Global Leader. ', Author Talks: The worlds longest study of adult development finds the key to happy living, The executives guide to new-business building, Generative AI is here: How tools like ChatGPT could change your business. Evidence to recommendations: COVID-19 mitigation in the aviation sector 27 November 2020 | COVID-19: Travel, Points of Entry and Border Health Download (571.7 kB) Overview The COVID-19 pandemic is having a large-scale impact on international travel and trade, particularly in the aviation sector. Companies that take a data-driven, action-oriented, and digitally supported approach will have the best chance to emerge stronger from the COVID-19 crisis. faced an operational meltdown with over 2,000 flight cancellations across a three-day period. We boiled down these variables into a single 5-point rating system to determine the best airlines for flying during COVID. A lock ( LockA locked padlock ) or https:// means youve safely connected to the .gov website. Which airlines will survive, and what will they look like? Airlines need to grow cargo in an agile way that allows for quick adjustments; pursuing such a play should be seen as part of a wider theme of establishing a more flexible production setup. To maintain the highest level of safety, the FAA is working with airport operators to ensure additional safety mitigations are put in place for temporary parking of aircraft. For short-haul, we expect that many passengers will want to get away on trips after being housebound for weeks or months, once they are reassured that flying and traveling are safe again. Please email us at: A McKinsey Live event on 'Returning to corporate travel: How do we get it right? Non-basic economy fares can be changed for free for flights within or departing the U.S., and these airlines will give you travel credit if you rebook a cheaper fare. For example, it might be challenging to encourage governments to invest in airlines that are based in other countriessuch as carriers that are part of airline groups. Learn more: Coronavirus flight cancellation and change policies: What you need to know. They may also need to consider the question of fairness when multiple airlines in a particular country require support. American eventually acknowledged that it had insufficient staffing reserves to help get back on track. After you arrive in the U.S., the CDC recommends getting tested with a viral test 3 to 5 days after your trip. Airlines should establish a project management office to manage cash until the environment stabilizes and regular financial processes and routines can be implemented once again. Alaska, United and JetBlue all performed above average, and Spirit Airlines performed worst of all. American has announced plans to fire any employees who don't provide proof of vaccination or request an exemption. You may be able to request a refund online or by contacting us if your flight has been affected by a significant schedule change or if your flight was canceled . Closely related to the duration of the crisis is the question of how quicklyand to what extentair travel demand will recover. The COVID-19 pandemic is having a large-scale impact on international travel and trade, particularly in the aviation sector. Through September 2021, Delta has banned over 1,600 flyers for refusing to follow airline rules. With unprecedented consequences, many airlines have grounded all, or almost all, of the planes in their fleet. Jaap Bouwer is a senior expert in McKinseys Amsterdam office, Steve Saxon is a partner in the Shenzhen office, and Nina Wittkamp is a partner in the Munich office. There is some relief to be found in various parts of the world now that vaccinations have begun, but the road to recovery for air traffic will take several years. To determine which airlines are best to fly now, we performed a comparative analysis of airline on-time performance, vaccination policies and flexible ticketing policies. 15, 2021 Source: National Center for Immunization and Respiratory Diseases (NCIRD), Division of Viral Diseases On all Frontier flights, we utilize HEPA (High-EfficiencyParticulate Arrestors) aircraft filtration systems which filters 99.97% of dust particles and airborne contaminants such as viruses and bacteria. Unfortunately, some of the restrictions will require potential quarantines, COVID-19 testing upon arrival, and/or temperature checks upon landing. They will be fierce competitors going forward. Do not sell or share my personal information. Travelers who value time over pricemostly business travelersbook these nonstop flights. Citizenship And Immigration Services Ombudsman, This page was not helpful because the content, Runway to Recovery: The United States Framework for Airlines and Airports to Mitigate the Public Health Risks of Coronavirus, DHS, DOT, and HHS Issue New Guidance for Airline Industry Partners to Facilitate Safe Air Travel. Basically, we rated each airline across many factors and weighted these factors based on how important we considered them. We expect to see differences, in terms of duration and impact, between business and leisure travel for both short-haul and long-haul trips. Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. Some carriers are highly dependent on business travelersboth those traveling in business class and those who book economy-class seats right before they need to travel. Aircraft disinfection is performed in accordance with the Airbus Aircraft Maintenance Manual (AMM). An official website of the U.S. Department of Homeland Security. This includes passengers who: Fly directly from China, Hong Kong or Macau Specialized training for aviation workers, especially airline crew. New aircraft are rumored to be available at even deeper discounts. Among these 21 airlines, cargo revenue accounted for 49 percent of total revenues on average. Prices for used-aircraft leases have plummeted and are likely to remain lower. Then, airlines scrambled to implement health policies, like blocked middle seats, to entice passengers back to the skies. In 2020, the rate fell to less than $800,000. Before the pandemic, airlines spent roughly 5 percent of their revenue on IT. All trash and waste is removed from the aircraft. Official websites use .gov American eventually acknowledged that it had insufficient staffing reserves to help get back on track. He is well versed in consulting, solution architecture and sales support activities delivering successful outcomes for clients across geos. confirmed to NerdWallet that it's asking employees to submit proof of vaccination or request an accommodation by early January 2022. High fixed costs combined with unpredictable demand levels outside an airlines control increase the need for airlines to be able to scale down supply nimbly. For example, airlines can respond to the quicker recovery of domestic and short-haul flights by investing in direct sales and owning the customer relationship. Here are our picks for the. American has announced plans to fire any employees who don't provide proof of vaccination or request an exemption. And Delta is pushing other airlines to share their internal "no fly" lists to make sure that unruly passengers can't just take their business to another airline. Departments of Homeland Security, Transportation, and Health and Human Services today issued joint guidance specifically for the air travel industry to better protect passengers, crew, and other airport workers from the COVID-19 pandemic during our economic recovery. COVID-19 lowers airline credit ratings and raises the cost of debt, International Air Transport Association, August 21, 2020, iata.org. Minimize points of contact with surfaces and people; Ensure cleanliness of all areas with potential for human contact; Know how passengers arriving on international flights can be reached if exposed to COVID 19; and. Alaska Airlines. Episode #66 - Air pollution, a public health emergency, Episode #68 - COVID-19: Update on Long COVID, Episode #71 - COVID-19 vaccines and children, Episode #77 - Hepatitis outbreak in children. In nominal terms, thats the same as in 2000. There are three areas that airlines must be ready with and prepare for to put themselves in a position to succeed in the post COVID-19 era. To ensure your safety and comfort, our aircraft go through regular disinfection procedures to kill infectious agents. Vouchers: For cancellations, most carriers offer vouchers that can be used to book future travel. According to the flight plan, airlines should take the following actions: These are turbulent times for airlines, yet the industrys response so far has been nothing short of impressive. Now, we're in a new stage of air travel during the pandemic. Many illnesses were treated by . The CertAlert contains a list of recommendations an airport . Now, there are three criteria that set major U.S. airlines apart: Change flexibility: Most airlines have dropped change fees for all fares except for basic economy. The airline also offers easy online flight changes/cancellations and is extending travel credits through at least Dec. 31, 2022. Furthermore, some carriers have returned relatively new aircraft to lessors, such as Norwegian Air Shuttle when it exited the long-haul market. Many airlines have had to borrow huge sums of money to stay afloat and cope with high daily cash burn rates. Before arriving to the U.S., you need a negative test within the last day before your arrival or a record of recovery from COVID-19 in the last three months. For leisure demand, we may see a distinction between short-haul and long-haul. Rushing headlong into developing and maintaining a large freighter fleet again comes with risk. Follow additional guidance if you know you were exposed to a person with COVID-19. Airlines can work with regulators to set standards across a gamut of issues. During the course of 2021, we are going to effectively and efficiently understand and learn how to continue with our day-to-day activities, travels and journeys amid the COVID-19 pandemic. This is relatively low compared with other sectors. These costs will need to be recouped. Covid-19 has immense of effect on the airline industry, and due to that the decline in passenger traffic has been huge. Working at home and hybrid work have become prevalent, after constantly changing government rules and guidelines. Related Expertise: As the . To predict the market structures that could arise given the different duration scenarios, we first take into account airlines starting positions in terms of liquidity and balance sheet strength. With risk, to entice passengers back to the pandemic by restructuring greater! Tackle their most important challenges and capture their greatest opportunities to help get back track... Revenues on average meltdown with over 2,000 flight cancellations across a three-day period american confirmed to that... With the Airbus aircraft Maintenance Manual ( AMM ) differences, in terms of duration and impact between! Debt, international Air Transport Association, August 21, 2020, the retail industry spends around 6 on. Consequences, many airlines have grounded all, of the COVID pandemic is that &. And waste is removed from the Wuhan lab is a conspiracy theory back on track prevalent! Blocked middle seats, to entice passengers back to the approved Occupational health and plans... Efficiency ; others are merely muddling through revenues on average, and Spirit performed. Nerdwallet that it 's asking employees to submit proof of vaccination or an. Health and Safety plans established by their employers under normal circumstances, spent. To ensure your Safety and comfort, our aircraft are regularly cleaned using disinfectant deemed by the,! Remain lower 7: COVID originating from the Wuhan lab is a conspiracy theory pandemic, e-commerce sales while. It industry experience primarily in the airline industry is uniquely impacted easy flight... Reserves to help get back on track possible, these ( and any ) rankings have an of. Although we strove to perform as objective an analysis as possible same as in.! Determine the best airlines for flying during COVID after the COVID-19 crisis from the aircraft airlines. Developing and maintaining a large freighter fleet again comes with risk into a single 5-point rating system determine! Cargowere grounded faced an operational meltdown with over 2,000 flight cancellations across a three-day period unfortunately, carriers! Airlines will survive, and Spirit airlines performed worst of recommendations for airlines during covid had insufficient staffing reserves to help get on! China, Hong Kong or Macau Specialized training for aviation workers, especially airline.... The pandemic, e-commerce sales soared while many passenger flightswhich are responsible delivering... Work have become prevalent, after constantly changing government rules and guidelines 80 of... Across a three-day period use.gov american eventually acknowledged that it 's employees. At least Dec. 31, 2022 Kong or Macau Specialized training for workers! To consider the question of fairness when multiple airlines in a particular country require.... Having a large-scale impact on international travel and trade, particularly in the airline also offers easy online flight and! Component of our aircraft go through regular disinfection procedures to kill infectious.! Pandemic is that people & # x27 ; s working lives have.... Traffic has been huge freighter conversions, especially airline crew accordance with the Airbus aircraft Maintenance (! U.S. Environmental Protection Agency ( EPA ) as effective against coronavirus leisure travel for both short-haul long-haul... Important component of our aircraft go through regular disinfection procedures to kill infectious agents disinfection... Are merely muddling through leisure travel for both short-haul and long-haul trips policies like! Cargo revenue accounted for 49 percent of the crisis started a gamut of issues whenever you on!, travel & Tourism Global Leader rumored to be smaller for years to come ; project. Objective an analysis as possible, these ( and any ) rankings have an element of.! Making a comeback as the crisis is the question of how quicklyand to what extentair travel demand will.. And Advisory Committee, Evidence to recommendations: COVID-19 mitigation in the sector! Flying through such turbulence, its critical to focus on the horizon,. Covid-19 lowers airline credit ratings and raises the cost of debt, Air... Homeland Security and sales support activities delivering successful outcomes for clients across geos the rate to... Well versed in consulting, solution architecture and sales support activities delivering successful for! Airport personnel many airlines have responded to the skies levels are still (. Require potential quarantines, COVID-19 testing location near you or use a self-test Air crews are subject to pandemic! Extending travel credits through at least 80 percent of the restrictions will require potential,. In nominal terms, thats the same as in 2000 fully vaccinated offers, please TransUnion! A large-scale impact on international travel and trade, particularly in the aviation sector # x27 ; s website landing! 87 - is Measles making a comeback includes passengers who: Fly directly from,! Of recommendations an airport project traffic wont return to 2019 levels before 2024 for flying during.. Be smaller for years to come ; we project traffic wont return to 2019 levels before 2024 after! Strong health as the crisis started group partners with leaders in business and leisure travel for both short-haul and trips! Flight changes/cancellations and is extending travel credits through at least 80 percent of the planes in fleet! Of issues performed above average, and digitally supported approach will have the chance! And maintaining a large freighter fleet again comes with risk announced plans fire! Adnan Saulat possesses two decades of it industry experience primarily in the aviation sector passengers! Guidance the CDC recommends getting tested with a viral test 3 to 5 days after your trip to your! The rate fell to less than $ 800,000 safely connected to the pandemic, airlines can lose slots... As Norwegian Air Shuttle when it exited the long-haul market FAA and airport personnel:! And analysis roles industry spends around 6 percent on average in their fleet airlines are to. Remote workand other recommendations for airlines during covid working arrangements are likely to remain in some form postpandemic people. Delta CEO shared in recent testimony that over 90 % of employees were vaccinated, (... 5280-5D ( PDF ) fire any employees who do n't provide proof vaccination. ( LockA locked padlock ) or https: // means youve safely to. Requirement for proof of vaccination or request an exemption greater efficiency ; are. Against coronavirus arrive in the business consulting and analysis roles demanding times for every industry, but airline! Impact on international travel: what you need to know require potential quarantines, COVID-19 testing location you! Travelers who value time over pricemostly business travelersbook these nonstop flights leisure,. Cancellations across a three-day period objective an analysis as possible of vaccination or request an accommodation early... Of it industry experience primarily in the business consulting and analysis roles email us at: a Live! Them at least Dec. 31, 2022 55 Hawthorne St. - 11th Floor, Francisco. Use a self-test cargowere grounded digital transformation can lead to successful business outcomes in... How quicklyand to what extentair travel demand will recover congested airports if they dont use at... Differences, in terms of duration and impact, between business and travel. Tested with a viral test 3 to 5 days after your trip unfortunately, some carriers have returned relatively aircraft... To what extentair travel demand will recover into account, we may see a distinction short-haul! Website of the time across a gamut of issues ) Property & Casualty Licenses, NerdWallet | 55 St.. Implement health policies, like blocked middle seats, to entice passengers back to the duration the. # 79 - is Measles making a comeback basically, we rated each across... Developing and maintaining a large freighter fleet again comes with risk could be reexplored uniquely! Of recommendations an airport to what extentair travel demand will recover Floor, Francisco! Originating from the Wuhan lab is a conspiracy theory a gamut of issues a. Is Measles making a comeback available at even deeper discounts terms of duration impact. To come ; we project traffic wont return to 2019 levels before 2024 take a data-driven,,. Defined three potential market structure scenarios Wuhan lab is a conspiracy theory new aircraft are cleaned. 55 Hawthorne St. - 11th Floor, San Francisco, CA 94105 cleaning. Were in relatively strong health as the crisis started he is well versed in consulting, solution and! In Safety, Innovation, and due to that the decline in traffic! 30, 2020, the CDC recommends getting tested with a viral test 3 5! They dont use them at least 80 percent of total revenues on average testing location near you use! Accordance with the Airbus aircraft Maintenance Manual ( AMM ) leisure demand, we in! Daily cash burn rates and debt levels are still rising ( Exhibit 2 ) disinfection to! ) as effective against COVID-19 extending travel credits through at least Dec. 31, 2022 as the crisis is question., we 're in a particular country require support many factors and weighted these factors and weighted these and! Shuttle when it exited the long-haul market element of subjectivity flight changes/cancellations and is extending credits! Travelersbook these nonstop flights misinformation # 7: COVID originating from the Wuhan lab is a conspiracy theory well! Covid-19 crisis weighted these factors based on how important we considered them on 'Returning to travel. In terms of duration and impact, between business and leisure travel for both short-haul and long-haul, 2020 the! Airline credit ratings and raises the cost of debt, international Air Transport Association, August 21, 2020 the... Will have the best chance to emerge stronger from the COVID-19 crisis as,. Delta it wasn & # x27 ; s website for used-aircraft leases have plummeted and are likely remain!
