Worst Is Over for Chinese Airlines, Says Sobie Aviation

The video discusses the current state of the airline industry, focusing on the recovery of demand, particularly in China. It highlights the challenges faced by airlines, including stalled recovery and the impact of the virus on the industry. The long-term outlook for China's airline industry remains positive, with government support playing a crucial role. The potential for consolidation and acquisitions is explored, though it is not the immediate focus for airlines. The video emphasizes the importance of domestic markets and government backing in navigating the crisis.

What are the long-term prospects for the outbound China market according to the text?

Discuss the potential for consolidation in the airline industry as mentioned in the text.