/biz/ - Business & Finance

>https://www.bbc.co.uk/news/business-52441652
>Yet now vast parts of the network have been shut down as a result of the coronavirus pandemic. The number of daily flights has fallen by 80% since the start of the year, and in some regions nearly all passenger traffic has been suspended.
>The industry is in survival mode, with airlines, airports and ground-handling firms all desperate to conserve their cash reserves, while their normal revenue streams have dried up.
>Widespread job losses are now expected, with British Airways' parent company IAG announcing on Tuesday that it is set to cut up to 12,000 positions from the airline's 42,000-strong workforce. IAG said it did not expect BA to see passenger demand return to 2019 levels for "several years".
>Elsewhere, Easyjet has laid off its 4,000 UK-based cabin crew for two months, Qantas has put 20,000 staff on leave, and 700 pilots at American Airlines have agreed to take early retirement.

guys im scared, i just want things to return to normal and also to not die

Is this the bottom?
Is it safe to buy yet?

How do I turn 20k into 200K?