James Linhardt Over the past year, few business sectors have experienced as much disruption as the airline and entertainment industries.In 2020, with many theaters closed and audiences wary of gathering in groups, the U.S.
and Canada box office totals declined 80% year on year to $2.2 billion. Major releases were pushed; some still haven’t come out.
At the other end of the pipeline, studios postponed or paused major productions; television and indie film shoots were subject to ongoing delays.The airline industry was put into a similar deep freeze.
During the same period, demand for global air transport fell by nearly 70%, as compared to the year before.Now, though, both sectors are accelerating toward a post-COVID-19-vaccine future.
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