Abstract

This article provides an overview of the global air transport challenge in response to the COVID-19 crisis. Companies and airlines around the world have had a difficult year. The Coronavirus pandemic and restrictions on people moving between countries and cities have reduced the number of flights to a minimum. In general, aviation creates opportunities for businesses and individuals, and in return can create dangers and threats to society. In particular, the spread of infectious diseases or pandemics –such that aviation can act as a channel of disease transmission- or the effect of aviation on global warming are two clear examples of the negative external effects of the aviation industry on society that need to be addressed. In this regard, the economic performance of the industry is very important. In analyzing the transportation industry, one should pay special attention to possible, reasonable, and desirable scenarios. Hence, protectionist policies, government assistance, and other industrial strategies can be reviewed. The policy review of government actions in the face of the challenges of the aviation industry emphasizes the importance of designing reasonable scenarios for sustainable development and the greater welfare of communities. Eliminating or reducing the prevalence of coronavirus and lifting restrictions on a variety of businesses, including airlines, can help improve corporate status. This situation will also enable companies to compensate for past losses in the coming year, in addition to improving services.

Highlights

  • Just as a national or regional economy is severely affected by the spread of infectious diseases, some sectors of the economy will be more affected by such epidemics and pandemics than others

  • Rassy and Smith [20] examined the negative economic effects of the H1N1 Influenza outbreak on the Mexican tourism sector by examining the number of international tourists arriving in Mexico in 2012

  • The results show a 2.1 million drop in tourists and a $ 2.6 billion loss to South Korea's tourism-related sectors

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Summary

Introduction

Just as a national or regional economy is severely affected by the spread of infectious diseases, some sectors of the economy will be more affected by such epidemics and pandemics than others. The results show a 2.1 million drop in tourists and a $ 2.6 billion loss to South Korea's tourism-related sectors Another example is the article by Browne and Smith [4]. The growing impact of aviation on global warming [6], the low and often negative profit margins of the aviation industry [10], and the aviation industry's continued reliance on government support [11] are issues that need to be addressed more closely. This study is important in that we are currently witnessing large subsidies to the aviation sector to reduce economic vulnerability and increase environmental sustainability

COVID-19 and the Aviation Industry
Capacity of the Aviation Industry
Considerations on Industry Vulnerabilities
Findings
Conclusion
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