A total collapse in passenger numbers and profits, the future of high margin business class travel in doubt, a staggering rise in debt burdens, crippling losses at regional and even major hubs, airports, aircraft manufacturers and their suppliers in dire straits – few if any industries have been quite as badly hit by COVID-19 as aviation. Given what’s happened, it is astonishing there’s still an airline flying.

Another summer like the present one and quite possibly there wouldn’t be; I exaggerate only a little. Even International Airlines Group, owner of British Airways and one of the more solvent of the big legacy airline companies, would struggle to survive the loss of a third summer.

The Telegraph London