Aviation industry to return to normalcy in 2021: Sir Tim Clark

During the opening session of ATM Virtual, aviation industry veteran Sir Tim Clark, President of Emirates Airline, outlined the impact of COVID-19 on the aviation industry and how it will return to normalcy in 2021. He also highlighted the measures implemented by the company in response to the pandemic. Sir Tim said, “We have seen a US$15 trillion torpedo hit the global economy and its crippled many, many sectors, with transportation and leisure just a few of the casualties. My own belief is there is sufficient resilience in the global economy to take this trauma as long as it doesn’t go on for too long. If we can accept there is a finite point where we will see the back of this, with adjustments to the way we go about our lives, the way we go about our business, and our travel aspirations, we will see things moving back to some kind of normality during the course of 2021.”

“Planning for resumption is quite complicated, needless to say, we have a 24/7 watch on it as countries start to relax their access requirements but I see some difficulties as I don’t believe they will open at the pace we would like. I think there will be a degree of what they started to call the bubble effect, i.e. countries selecting other countries that are relatively COVID free and therefore allowing services between those countries,” he adds.

Sir Tim concluded by saying, “The aviation business is in a critical and very fragile state at the moment and needs all the help it can get. Access, getting passengers and freight moving again, not necessarily to the levels pre-COVID, but at least getting things going to give the cash lifelines they need, otherwise I am not optimistic that some of the carriers here today, having already been significantly bailed out, will get through the next few months.”