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How travel tech companies aim to survive the coronavirus pandemic


The coronavirus pandemic has so far had devastating consequences across the travel industry.  Airlines have flown empty planes to try and keep their usual slots despite flight prices dropping below unimaginable levels — tickets from New York to Miami were on offer for just $51 several weeks ago.  The situation is such that comparisons to the 9/11 terrorist attacks — which brought the travel industry to its knees — don’t seem overtly far-fetched. The International Air Transport Association (IATA) trade body estimates that worldwide revenue could fall by between $63 billion and $113 billion, or as much as 20% this…

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