Jun 14, 2020
5 min read
The End of the Mirage in the Gulf ?
The full impact of the COVID-19 pandemic on the airline industry is now becoming apparent. With travel greatly restricted -if not impossible- since late March 2020, the airline industry has been in a tailspin. Scores of airlines have ceased to operate altogether or have initiated bankruptcy proceedings. Many more have suspended flying, placed their employees on reduced remuneration, frozen lease payments and even begged for…
