Airline Analysts WARN ‘The Hardest Part’ Is Yet To Come (and it's not the landing!)
Uncertainty is jarring to an industry that thrives on predicting demand with mathematical precision
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Airlines are struggling through their worst crisis since the first commercial service began flying passengers just over 100 years ago.
In the past week alone, US carrier American Airlines said it would cut 19,000 jobs, Australian airline Qantas announced it would shed thousands more jobs and Norwegian Air Shuttle warned it needed another rescue package — only months after securing a bailout.
Analysts warn worse is yet to come as the prospect of second waves of infection and tough government rules on quarantine cripple airlines' ability to forecast demand.
The uncertainty is jarring to an industry that...