Legal Departments: Doing More with Less

For any industry, what goes up must come down. We see this in the airline industry on a minute-by-minute basis as planes take off and land as scheduled. Some industries are more susceptible to external forces than others, which causes even greater ups and downs. In 2020, all businesses experienced radical and immediate changes brought on by COVID-19.

As we think back to the dark days of March 2020, we remember the world as we knew it being turned on its head. But while COVID-19 wreaked havoc on almost all businesses, the effect of the pandemic on the airline industry has been the worst ever encountered during its 100 year history. Virtually overnight, U.S. airlines saw their passenger numbers drop by 97% as compared to 2019.