If you felt your travel plans were disappointing this summer, spare a thought for the airline industry. Border restrictions, travel advisories, mandatory self-quarantine… policies that are critical for public health have been devastating to carriers, which are hemorrhaging millions of dollars each day. When will travel get back to normal? How does the propensity to travel differ across classifications? And how are carriers convincing customers that it’s safe to fly again? Walter Spracklin, Transportation and Industrials Analyst at RBC Capital Markets, shares what the airline industry needs to recover from the COVID crisis.
Click here for the full podcast; The 10 Minute Take.