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.
El Al Israel Airlines has cut 1,000 jobs and implemented other drastic cost-cutting measures in response to the Israeli government’s new entry regulations to counteract the ongoing COVID-19 virus outbreak.
UK LCC EasyJet CEO Johan Lundgren expects to see more airline bankruptcies as carriers continue to deal with falling demand and cashflow as a result of the continuing COVID-19 outbreak.