Bill Gates was in the news last week, promoting the development of a Covid-19 vaccine and, of course, having governments worldwide mandate a program of vaccinations. Under his proposal, everyone would have an identification card to prove their medical records…
Demand for both business and leisure travel has fallen in the wake of the Covid-19 crisis. On Wednesday we spoke about changes to business travel. Today, we will focus on leisure travel. Leisure travel is directly correlated to economic activity,…
Everybody is now aware that the coronavirus has virtually shut down the global economy and is having a major negative impact on our industry. While nobody knows when this will end, the depth of this situation is such that bouncing…
The hopeful news that the quarantine in Wuhan is ending, combined with the fact the continued reduction in seats in NorthEast Asia has reached a nadir, is good news for both the crisis and our industry. If we assume that…
Boeing today announced that it is shutting production at its Puget Sound facilities after the death of an employee from the coronavirus. Two weeks ago, on March 6th, we called for Boeing to shut down its Everett facilities after an…
Boeing and the airline industry are clamoring for billions of dollars in bailouts as the coronavirus crisis has dramatically impacted them financially. Clearly, Boeing, the largest US exporter, will be considered too big to fail, just as General Motors was…