Airlines globally are going through tough times. The stay home order because of Covid-19 have made the future for many airlines uncertain. It puts them all at risk. The greatest investor of 20th Century Warren Buffet sold all his stakes in Airlines. They see a bigger problem in the upcoming years, but that’s their team and how they evaluated the future events. They could be wrong or they could be right. After Warren Buffet’s investors annual meeting, the big question for many investors is that can they rebound after everything returns back to normal.
Below is the chart of airlines global traffic growth from 2004 -2020. “Three reasons for growth : First is the increase in low-cost carriers, second is growth of the global middle class, and last is growth in airport infrastructure spending.” – Satista.
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