Are we heading towards a downfall in 2020 in the aviation world as jobs decrease due to coronavirus

Will coronavirus effect the aviation world and jobs. What lies ahead for airlines of America? Will the airlines stock drops termendously?

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What Now for Aviation jobs after coronavirus in the aviation world ?

Its really hard to tell but things can get rough looking ahead of time. The number of flights will dramatically decrease and so will be the travel of cargos. This will definitely decrease the overall job vacancy in the world and hence result into higher rate of unemployment.

We could be hopeful but not too much optimistic

coronavirus affect on aviation jobs and aviation world

The things that can be seen in the near future

Decrease in Flights

The aviation job will create in number of aircraft flying in the sky will be really low. Be it an a Airbus or Boeing. Etihad, American Airlines, Turkish you name it. Every airline will be hard hit.

Unemployment for many aviation workers

The decrease in flights will result into letting go of employees by maximum airlines as they trim down their cost. This will result into a severe effect into the whole hierarchy of the chain of commands.

Bankrupt for many airlines company and its associates

The stocks has dropped tremendously after a famous investor Warren Buffet said it was wrong to invest in the aviation industry. It’s something no person can deny at this given point of time.

Overall impact on global economy

The overall impact on global economy will be tremendous by this scenario we are facing. There will be foreseeable effect and ripple effect in the economy as a whole.

Lets hope for a better future for aviation and the world
Do follow this link
https://www.marketwatch.com/story/airline-stocks-sink-after-warren-buffett-bails-on-industry-air-canadas-downbeat-outlook-2020-05-04