TPG Talks episode ten: The aviation industry and COVID-19
This week's TPG Talks webinar focused on the aviation industry, one that has seen demand drop to historic lows over the course of just a few months. Senior Aviation Editor Ben Mutzabaugh joined us as we discussed how the airlines were forced to adapt to weather the storm and ensure their existence once the pandemic is over, even though it may take years to fully recover.
During the session, we covered topics like:
- The precipitous drop in demand
- The industry's financial situation
- Fleet changes
- What the future might hold
If you missed the webinar, you can view a full recording right here — and then read on for show notes and additional, follow-up reading:
Show notes
- 4:02 — Introduction to Ben
- 6:15 — The initial drop in demand
- 10:04 — Discussion of government support for airlines
- 11:16 — Financial state of airline industry
- 15:00 — Risks of airline bankruptcy
- 17:15 — Risks of increased prices given limited flights
- 24:23 — Discussion of cleaning procedures and packed flights
- 33:24 — Fleet adjustments
- 39:10 — Mask-wearing
- 44:54 — Looking to the future, including international flights
- 51:08 — Q&A
Follow-on reading and important links
- Airlines may face a tough fall after that summer uptick
- Delta likely to pull flights as number of US coronavirus cases rises
- As travel reopens, here's what it's like flying in the U.S. right now
- United and American may ban passengers who don't wear masks
- Delta CEO: Wearing masks is about 'respect,' says flyers who refuse will be barred
- American removes capacity caps, increases health safety measures
- Airline coronavirus change and cancellation policies: A complete list of major carriers
TPG Talks is a series of live webinars hosted by team members from The Points Guy, covering various aspects of the travel, credit card and loyalty industries. Join from anywhere in the world on any device to learn tips and tricks that'll get you closer to your next dream vacation.
For a list of previous sessions, visit our TPG Talks hub page, or click on any of the links below for individual recaps:
- TPG Talks #1: Online shopping portals
- TPG Talks #2: Under-the-radar loyalty programs
- TPG Talks #3: Future of cruising
- TPG Talks #4: Beginner's guide
- TPG Talks #5: Travel changes and cancellations
- TPG Talks #6: New era of flight deals
- TPG Talks #7: Credit card strategy during COVID-19
- TPG Talks #8: Advanced redemption tactics
- TPG Talks #9: Disney and theme park reopening
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The Capital One Venture X Business Card has all the Capital One Venture X Rewards Credit Card has to offer and more. It offers an incredible welcome bonus and requires an equally impressive spend to qualify. In addition, the card comes with premium travel perks like annual travel credit. (Partner offer)Pros
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- In addition, the card comes with many premium travel perks such as an annual $300 credit for bookings through Capital One Business Travel.
- Business owners are also able to add employee cards for free.
Cons
- The card requires significant spending to earn the welcome offer.
- Another drawback is that the annual travel credit can only be used on bookings made through Capital One Business Travel.
- LIMITED-TIME OFFER: Earn up to 400K bonus miles: 200K miles when you spend $30K in the first 3 months, and an additional 200k miles when you spend $150k in the first 6 months
- Earn unlimited 2X miles on every purchase, everywhere—with no limits or category restrictions
- Earn 10X miles on hotels and rental cars and 5X miles on flights and vacation rentals booked through Capital One Business Travel
- With no preset spending limit, enjoy big purchasing power that adapts so you can spend more and earn more rewards
- Empower your teams to make business purchases while earning rewards on their transactions, with free employee and virtual cards. Plus, automatically sync your transaction data with your accounting software and pay your vendors with ease
- Redeem your miles on flights, hotels and more. Plus, transfer your miles to any of the 15+ travel loyalty programs
- Every year, you'll get 10,000 bonus miles after your account anniversary date. Plus, receive an annual $300 credit for bookings made through Capital One Business Travel
- Receive up to a $120 credit for Global Entry or TSA PreCheck®. Enjoy access to 1,300+ airport lounges worldwide, including Capital One Lounge locations and Priority Pass™ lounges, after enrollment
- Enjoy a $100 experience credit and other premium benefits with every hotel and vacation rental booked from the Premier Collection
- This is a pay-in-full card, so your balance is due in full every month

