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Turbulence ahead: Researchers, airlines pessimistic over industry recovery - Jakarta Post

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Aviation industry stakeholders have expressed a pessimistic projection of Indonesia’s aviation industry recovery as the coronavirus pandemic continues to grow uncontrolled in the country. Wisnu Wijayanto, president director of PT Lion Airport Services, a subsidiary of low-cost carrier Lion Air Group, said the airline forecast an L-shaped recovery for the aviation industry and was bracing for a prolonged recovery. “We are currently looking at an L-shaped recovery trajectory, and if no action is taken by stakeholders, it could further deteriorate,” he said during an online webinar held by the Transportation Ministry on Wednesday. The COVID-19 pandemic has hit tourism and the aviation industry the hardest as people are cautious over traveling and catching the disease. The International Air Transport Association (IATA) estimated that Indonesia&rsq...

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Turbulence ahead: Researchers, airlines pessimistic over industry recovery - Jakarta Post
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