Friday, May 22, 2020

Lufthansa's One-Percent

It was a brief comment in the business news today.....that right now....Lufthansa is flying one-percent of the passengers that they would have done a year ago.

Yes, ninety-nine percent of the passengers are avoiding air travel.

There is no way to forecast the future on this, and virtually no one is suggesting a marginal return (even 25-percent is practically impossible) by late-summer. 

The vaccine being the 'magic' bullet?  That's most of the chatter on the table now.

You can look at the business angle of this....the hotels and resorts being harshly affected as well. 

Summer of 2021 being the hope for a normal year?  Maybe. 

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