How the airline industry is adapting to the new normal

How the airline industry is adapting to the new normal

The aviation industry is one of the most effected by the coronavirus pandemic. Back in February, when the pandemic was starting to gather momentum, it witnessed an almost complete standstill of operations that lasted for weeks and led to countless job losses and a drastic drop in revenue.

Even when commercial flights resumed across many parts of the world, people were – and still are - wary of non-essential travel.

It is no wonder then that the International Air Transport Association (IATA) has indicated that airlines are expected to lose $84.3 billion in 2020 and to witness a 55 percent drop in global airline passenger revenues.

Given this new reality, the aviation industry has had little choice but to adapt to the “new normal” and find ways to salvage the remainder of the year.

In the Cisco powered webinar Future of Travel, moderated by Arabian Business, industry experts gathered to give their insight on what travelling in the wake of the pandemic will look like.

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On the panel were Shukri Eid Atari, managing director, Gulf region at Cisco, Leila Harb Almheiri, CEO of Alive Group and Robin Kamarki, COO of Etihad Aviation Group.

One of the key subjects these thought leaders tackled was how the aviation