Hibernation

The best bet for all airlines at this time is to shutter all operations and go into hibernation. This course of action would require placing staff on unpaid leave, or temporary redundancy, to be re-hired at a later date. At the same time, airlines will ask for and expect assistance from banks and lessors in the form of payment holidays. The knee-jerk reaction from lessors will probably be to refuse requests for rent deferrals but, given the situation, there seems little choice but to capitulate to the demands/needs of clients to help them emerge out of the other side of