IATA CEO on First Annual Decline in Global Passenger Demand

The video discusses the impact of a virus outbreak on the airline industry, highlighting government measures in Asia to support affected sectors like tourism and aviation. It explores the potential recovery timeline for the aviation industry, considering past outbreaks. The discussion includes strategies for airline capacity management and the compounded challenges faced by airlines due to the 737 Max grounding and the virus outbreak.

What is one of the main actions suggested to support the airline industry during the virus outbreak?

• Increasing ticket prices

• Government financial measures

• Reducing flight routes

• Hiring more staff

How does the speaker compare the current outbreak's impact on aviation to past events like SARS?

• It is expected to have a longer recovery time

• It will have no impact on aviation

• It will lead to permanent changes in the industry

• It follows a similar pattern of initial drop and recovery

What percentage of capacity reduction did Qantas CEO Alan Joyce mention for Asia?

• 10%

• 15%

• 20%

• 25%

What additional challenge is mentioned that airlines are facing alongside the virus outbreak?

• New safety regulations

• Increased fuel prices

• 737 Boeing Max grounding

• Pilot shortages

What is the expected impact of the virus on airlines operating the 737 Max in Asia Pacific?

• Positive impact

• No impact

• Significant impact

• Minimal impact