An audacious terrorist attack and a global pandemic. Nothing has impacted the aviation industry worldwide the way these two events, occurring nearly two decades apart, have. In late 2001, after the Twin Towers fell, the aviation industry experienced many of the problems it is seeing now. Airlines bled.
Their survival was threatened. Governments stepped in with financial support, as they are doing today. Airline executives said that while 9/11 was an existential crisis for the industry, with new security in place, passenger confidence returned. With Covid-19, that’s a difference as a ...