Airlines expected to outlive COVID-19 pandemic scare with resized business; govt support vital to see through turbulence

FIRSTPOST
Yesterday, an article by an Aviation Consultancy firm CAPA signed the death warrant of 75 percent of global aviation in an article titled: “By the end of May, most world airlines will be bankrupt ”. Look, I agree with the sentiment that aviation is a very fragile business, but I don’t agree at all with the sentiment that airlines are going belly-up due to COVID-19. Especially since…