industries ravaged by covid-19, aviation is one of the most afflicted. Governments have closed borders and discouraged travel. In response, most Western airlines plan to cut capacity on international flights by about 80%. The descent has been so steep that, a consultancy, says that most airlines will go bankrupt by the end of May without state aid. Yet in the very country where covid-19 began, this trend has started to reverse.
Since then, China seems to have put the worst behind it. The number of new covid-19 cases it reports per day has dwindled to a few dozen. Some observers doubt these figures’ veracity. But the government is confident enough to have closed its last covid-19 hospital—and to promote flying. On March 4th it began offering subsidies to carriers that resume international flights.
That's too bad. Berkshire Hathaway!!!!
when they get to 98% it might start to cut a dent in the global carbon emissions that will kill all your grandchildren
KeiserReport
It's hard to believe America's factories are working triple time in manufacturing face masks and ventilators. CoronavirusPandemic
China has flushed out the virus, unfortunately in other countries. China needs to own up and compensate for the human and economic losses.
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