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True but those flights are low margin, low revenue and will require the EU to act like a block and assume everyone in the EU has the same Coronavirus risk profile and thus can travel freely between countries.
I think that travel will become more expensive as a result of the virus and holidays will be further apart and grander, and more likely to be long-haul to 1st world countries which will benefit bigger airlines. This is my hunch.
It's as likely as any other to be totally wrong though.
I would guess easyjet and ryanair are 'better' bets then AIG.
Far less complex and more flexible to supply/demand without the complexity 0f long haul operations and legacy issues.