
What is it about human nature which always pulls us towards what we can’t have? While I’ve been marooned at home due to Coronavirus, my travel wanderlust has been running rampant. I don’t know if it’s the work-from-home in particular, or if taking international travel off the table makes it that much more alluring, but the bottom line is that I can’t shake a desire to just go somewhere.
One of the ways this wanderlust has manifested itself has been me spending a lot of time reading about the airline industry, which is going through some pretty significant changes right now. I won’t necessarily get into all the details, but it’s fair to say that airlines will need to work through a lot of thorny structural problems over the next few months and years. Rapid adoption of videoconferencing as a legitimate alternative to business travel and decreased desire for high-density tourist activities like Disneyland present huge problems on the demand side, and on the supply-side, airlines will need to figure out what to do with a surplus supply of expensive planes and the thousands of pilots, flight attendants, and other employees which kept those planes running.
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