The global travel industry is frozen in place

After a year of record profits, coronavirus is causing a nosedive — but there might be light at the end of the tunnel

Airplanes.
(Image credit: PATRICIA DE MELO MOREIRA/AFP via Getty Images)

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After a year of record airline profits, the travel industry is in a nosedive, said ­Andrew Freedman at The Washington Post. About 2.5 million passengers traveled daily in the U.S. at the beginning of March, but last week just 146,000 travelers a day were screened by the TSA, a stunning 94 percent drop. "Many airlines are operating flights that are only 20 to 30 percent full," even though the International Air Transport Association "estimates that 1.1 million flights will be canceled through June 30." An American Airlines flight from Washington, D.C., to New Orleans last week had only one passenger — a photojournalist on ­assignment — and yet the planes are still flying their routes, burning cash. One longtime flight attendant for Alaska Airlines said the "industry crisis is worse than the downturn after the attacks of Sept. 11."

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