BusinessMirror

Will it feel safe to fly this summer?

- By Chris Bryant

COVID-19 became a pandemic because airplane passengers carried the new coronaviru­s with them around the world. As that became clear, airlines grounded nearly all of their fleets, government­s issued travel restrictio­ns and mandatory quarantine­s, and tourist attraction­s and conference­s closed down. With no reason to fly, a quick recovery for air travel seemed unlikely. Warren Buffett even dumped his airline stocks, claiming that the “world has changed.”

Passengers also wouldn’t feel safe packed inside a metal tube for hours, would they?

Happily for the industry, if not for the climate, the seemingly insurmount­able barriers to air travel have begun to look less daunting. “We believe the worst is behind us, and we’re on the uptick,” American Airlines Group Inc.’s boss, Doug Parker, said after a surge in travel over the US Memorial Day holiday weekend.

Investors have taken notice. The Bloomberg Americas Airlines stocks index has rebounded by almost onethird from the mid-may low, and European carriers have made similar gains. Shares in German tour operator Tui AG have risen too.

Such optimism feels jarring when airlines, American Airlines included, are poised to cut thousands of jobs. Most are still burning huge amounts of cash. Deutsche Lufthansa AG needs a €9 billion ($10 billion) bailout, and Latam Airlines Group SA joined Latin American peer Avianca Holdings SA in filing for bankruptcy last week.

But Parker is probably right to expect a continued recovery, at least on domestic and short-haul routes. This won’t be enough to put debt-laden airlines on a secure footing, and a full demand recovery probably won’t happen for a couple more years. But, right now, a desperate industry will take any good news it can get. The rigorous hygiene measures airlines have announced should go a long way toward restoring passenger confidence.

European budget carrier Ryanair Holdings Plc. expects to operate at 40 percent of normal capacity from July, and the way bookings are shaping up suggests those planes will probably be at least half full. Easyjet Plc sees “encouragin­g” trends and notes that winter bookings are higher than usual for this time of year, although part of that may be because people have refund vouchers to use and are rebooking canceled trips.

Ryanair’s extensive summer flight schedule had seemed premature a couple of weeks ago, but the travel restrictio­ns that kept Europeans from moving around the continent are being relaxed. Starting in July, Spain is set to drop its requiremen­t for internatio­nal arrivals to quarantine for 14 days. Britain imposed a similar rule but is under immense pressure to abandon it. Travel between Europe and the US will take longer to open up, but even here there are encouragin­g signs of political will to get people flying again.

A month ago, United Airlines Holdings Inc.’s chief executive officer, Scott Kirby, lamented that there wouldn’t be a recovery in flying until attraction­s like Disney World or the Paris museums were open again.

Well, they will be soon. It’s already possible to visit the Acropolis in Athens and St Peter’s Basilica in Rome. Paris’s parks and museums are set to reopen from June. The French capital is usually swamped with tourists at this time of year, so there’s an incentive for travelers to get there first. Walt Disney World expects to reopen its Florida park from July, albeit with compulsory face masks and a ban on hugging your favorite Disney character.

I’ve written before about how things like wearing masks and having to ask permission to use the toilet will make f lying even less enjoyable. But these measures may make passengers feel safer.

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