COVID 19: deteriorating US conditions cloud airline recovery
Just as US airlines are experiencing some movement off the bottom in demand during the country’s busy summer high season, the US is now facing a worse than anticipated economic contraction: the number of Americans seeking unemployment continues to grow and the number of COVID-19 cases is growing at an alarming rate.
Before the latest onslaught of negative news there was little visibility into air travel demand beyond the summer season, and now the latest unsettling news is doing more to cloud the outlook for the remainder of 2020.
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