This situation is going to drive many of the smaller/marginal airlines to the wall. The only aviation sector that seems to be benefiting is the jet charter business.
https://www.ainonline.com/aviation-news ... ties-bizavDrastic cuts in scheduled airline services in response to the COVID-19 virus outbreak and concern about public health risks spurred a significant surge in demand for private jet charter flights beginning in late January. However, restrictions on travel to some countries and concerns over risks to passengers and crew have meant that operators have had limited opportunity to capitalize on the situation.
Some operators have experienced difficulties in getting spare parts for aircraft. Operators have also been implementing measures to protect passengers and crew, including increased disinfection procedures. In some cases, flight departments are canceling trips in response to business travel bans imposed by their companies.