Nestled in the Northern spurs of the Swiss Alps we are curiously monitoring COVID-19 related projections for the tourist industry during the important winter months ahead. Will ski resorts open up and what will the concept for ski lifts, hotels, restaurants and entertainment look like? The possible economic loss could be historic and devastating for every mountain region, especially with regards to the crucial weeks over Christmas and New Year’s Eve. Tests, quarantine rules and travel restrictions are already existent again and will most likely stay, allowing mainly for local and domestic recreational activities only. The same effects will hit the aviation sector. Less traffic but new opportunities out of domestic mobility. The larger a country the better the chances for domestic demand and overall activity. The USA as matching example? Airlines and lessors still have to embrace a bumpy ride, strip down their fleets and implement the most cost-effective parking and interims management for their aircraft.