The international flygplatsorganisationen STRUCTURES has been estimated that the passenger traffic in the world is going to be at least twelve percentage points lower than the previous forecasts for the first quarter of this year.
What’s going on with the erection in the future, no one can know for sure, but the airlines are seeing a decline in the demand, and now has begun to cut into their business.
this has cut the capacity by nearly 25 percent, the u.s. Participation has been reduced dramatically on the domestic and the international, and germany’s Lufthansa recently announced that they will stop 23.000 flights in the near future.
According to the Norwegian flyganalytikern Hans Jørgen Elnæs, the situation is even worse than that for a very long time.
„I think this may be the most serious crisis of the international air transport experienced in the modern era,“ he said.
the two companies have put thousands and thousands of flights in the next couple of months. On Thursday came in addition, the letter from the president of the united states Donald Trump is that all the traffic from Europe to the united states to be stopped in the coming month.
the minister for infrastructure, Tomas Eneroth (S) are referred to as the of the industry to the ministry for an emergency meeting on Friday. He would like to get a picture of what the situation is with the coronavirus affecting the aviation sector and the society’s ability to maintain a high degree of availability, “ he writes in the letter of invitation.
Link to a graphic in (SPF) is one of the players that will be at the meeting. Chairman Martin Lindgren believes that the situation is so serious that the state needs to go in there and help the companies to aid relieve the pressure on their cash flow.
„the cash Flow is very important, and in this situation, when the cash flow dries up, the ports, many companies are quick in the issue,“ he said.
On Wednesday, the government announced a proposal along these lines. Companies will be able to postpone the payment of social security contributions and the payment of the employee’s preliminary income tax.
for a Friday, keep the minister for infrastructure, Tomas Eneroth (S) of the meeting, the air travel industry in order to be well informed about the situation. Photo: Thommy Tengborg/TT
the low-interest loans to companies worth tens of billions of dollars – and that’s something Martin Lindgren is welcome.
“ Yes, most definitely. It is clear that there is a positive to relieve the pressure on the airlines in the current situation, and to be able to get at the cash register.
the EUROPEAN commission is also intended to alleviate the so-called “ slotbestämmelserna. A slot is a point in time of a given flight, in order to start. However, in order to maintain a slot, it must be, to a large extent, otherwise you run the risk of the company losing sight of the.
There is anecdotal evidence of some airlines to fly virtually empty planes just to keep the attractive bonus, so it’s a relief, in the provisions, there is also a help to the company.
“ Yes, of course it would be a help. It would be very stupid of the airlines are more or less forced to operate in this example, in order to keep them alive, and don’t risk losing them – and, thus, to strain cash flow even further, “ says Martin Lindgren.
Martin Lindgren, president of the American Pilotförening. Photo credit: Stefan Tell
But in addition to these measures, more is needed, consider arafat, palestinian leader, in order to save the industry from total be reduced”. And then it’s a matter of direct, targeted assistance to companies.
“ the tax credits are good for, they have an immediate effect. However, the airline’s labor costs are not the determining factors. There are so many other expenses that needs to be in each and every case, “ says Lindgren.
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or any other steps are missing is the cancellation of flights and laid off the staff of the utility companies will be able to use, according to analyst Hans Jørgen Elnæs.
“ The biggest costs of an airline is to have the fuel, and two of the staff. All of this will disappear, and will give an immediate result when you are not flying, “ he said.
“ It’s a very good question, and it’s a difficult question to answer. What we can say is that it is the strong airlines will make it the best for this.
Hans Jørgen Elnæs the mention of companies like Ryanair, Easyjet, Wizzair and Lufthansa, as companies with large reserves to find out when the cash flow now is running out. Companies, like the Norwegian, who on Thursday put up to 4,000 flights are cancelled, Finnair, and Air Baltic says he’s going to get more difficult.
„the SAS have an alright position, but it is not, nor can they sit still without a plane in the air for far too long,“ says Elnæs.
in speaking of a bankrupt, which is partly caused by the coronavirus – The Us. The company, which was already hard-pressed before, but the latest developments have pushed them over the edge. Hans Jørgen Elnæs think of a number of similar cases.
„We’re going to get to see the failures, and it boots in Asia,“ he said.
Link to a graphic in The new coronavirus: you need to Follow the development live.
Read more: Why can the coronavirus can lead to a global recession.
for more information, see the Support for ailing industries.
