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Jakarta Post

Turbulence ahead: Researchers, airlines pessimistic over industry recovery

  • Mardika Parama

    The Jakarta Post

Jakarta   /   Mon, September 28, 2020   /  09:04 am
The Jakarta Post Image
A Lion Air plane is parked at Soekarno-Hatta International Airport in Tangerang, Banten, in this undated photo. Aviation industry stakeholders have ditched projections of a speedy recovery for Indonesia’s aviation industry as the coronavirus pandemic continues to go uncontrolled in the country.(JP/Ricky Yudhistira)

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...