Corona will change the aviation industry
The Corona crises is having a tremendous impact on airline traffic. The aviation industry will not be the same any more even when demand will come back. Businessmen have become used to video conferences and and economic pressure on companies will remain high. This will lead to a long lasting decline of travel expenses in many industries.
Tourism demand will come back much faster after vaccination and immunisation as the desire for holidays will be increasing the longer the lock down lasts. This will further harm traditional hub airlines depending on business traffic while low cost carriers are expected to recover quickly.
The economic valuation for regional air traffic will change for the worse after consolidation of larger airline systems, which will leave small niches unserved.
The disruption of existing models will also offer new opportunities in the post Corona aviation industry but finding a new business model for regional air traffic is essential. In order to prevent regions from being disconnected from global reach and in order to keep them accessible, regional air traffic will have to step into niches left unserved by major airline systems. Therefore we have developed two models, one for regional airlines and one for the whole regional destination.