Dr. Perryman explains the importance of protecting the hard-hit air travel industry, and some options currently in consideration.
American Airlines and DFW Airport announcing plans for a new terminal and up to 24 more gates. Dr. Perryman says this is a major development for Texas.
Air travel was one of the hardest hit industries when the COVID-19 pandemic and the resulting shutdowns occurred in the spring of 2020. Things are looking up, but continue to be well below pre-pandemic levels. The recent weekend of cancellations and delays illustrates one aspect of the ongoing challenges.
One of the industries hardest hit by the pandemic has been airlines. The sharp decrease in demand for air travel due to shutdowns and safety concerns has severely crimped revenues and profits. Companies are struggling to maintain service and, in some cases, to survive intact.