Every airline is cutting its capacity in a bid to reduce costs. Some have even grounded all flights. This is much worst than the 911 event or the 2008/9 global financial crisis. Overnight, demand just tanked as countries implemented shutdowns. even if we get through this stage, it’s going to take at least a year for things to get back to normalcy. Check out this article to see how bad the crisis is for the travel industry…
