Latest survey shows 1 in 5 Americans won’t travel again until 2021- Representing extreme concern for already struggling airline industry

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Upgraded points is a trusted source for a wide variety of similar in-depth airline studies, as well as advice and pointers for travelers.

Upgraded Points recently released its newest targeted study featuring a survey based on questions given to airline travelers concerning the recent global pandemic. The study seeks to understand American travelers’ plans and concerns, helping to better illuminate the travel crisis as it unfolds; while also delivering important data about the American airline industry itself – which recently asked for and will receive a reported $50 billion bailout from the U.S. government. Upgraded points is a trusted source for a wide variety of similar in-depth airline studies, as well as advice and pointers for travelers.

“The airline industry is in a great deal of trouble again,” said Alex Miller, founder of Upgraded Points. “They’ve certainly seen their share of difficulty over the years: after 9/11, during the 2008 economic downturn, etc. But this is probably the worst crisis the industry has ever faced. Without millions of travelers on planes and in airports, the industry just can’t make the revenue it needs to survive. Whole countries are asking citizens to stay indoors, and that includes enforcing travel restrictions and closing borders. No one knows exactly when this global pandemic will peak and then begin to recede. So all we can do now is wait, and gather valuable data to help understand the situation as it happens. That is the goal of this particular study.”

Continue reading… “Latest survey shows 1 in 5 Americans won’t travel again until 2021- Representing extreme concern for already struggling airline industry”

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Once the pandemic is over, we will return to a very different airline industry

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The airline industry will wear the scars of the coronavirus pandemic for a very long time.

 On Thursday, Qantas announced it was grounding its entire international fleet. American Airlines suspended three quarters of its long haul international flights on Monday.

Significant demand shocks aren’t new to the airline industry. In this century alone it has weathered the storms caused by the 2001 September 11 attacks and the 2002-04 Severe Acute Respiratory Syndrome pandemic.

But we have never before seen a shock of this magnitude affecting the entire world for what looks as if it will be a very long time.

So, will the airline industry be able to handle this predicament? What role will and should the governments play? And, when all this is over, what will have changed for good?

Continue reading… “Once the pandemic is over, we will return to a very different airline industry”

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