Kurt Hofmann has been writing on the airline industry for 25 years. He appears frequently on Austrian, Swiss and German television and broadcasting channels to discuss issues affecting commercial aviation.
In the face of the widening COVID-19 crisis, Austria´s Innsbruck Airport will shut down commercial operations for three months as a cost-saving measure.
Lufthansa Technik (LHT) is already seeing a massive impact from the COVID-19 crisis but cannot predict the extent of the damage to the global aviation industry.
As travel demand falters, European airlines are continuing to cut flights, with Ryanair predicting its aircraft will remain grounded through May and Wizz Air temporarily closing its Vienna base.
