Abstract
The COVID-19 pandemic has been an unprecedented crisis, severely affecting the economy and many sectors, including the airline industry. This paper reviews this situation to see how airlines have acted since the beginning of COVID-19. The airline industry is dependent on financial support and subsidies to cope with the massive drop in air travel due to the coronavirus. The support received by the major airlines has been examined. In addition, a comparison has been made of all the aviation restrictions that have been implemented by different European governments. Travellers from countries with a higher incidence of cases, or with a growing rate of cases, have the most restrictions on travel to other countries. Furthermore, the strategies and protocols being implemented by certain airlines following the lifting of some of the restrictions on passenger air traffic are analysed. This paper will provide an insight into how airlines are coping with this unfavourable environment, as well as some of the future prospects and strategies of the aviation sector.
Highlights
The COVID-19 pandemic has been an unprecedented health crisis, but has affected the economy and with it many sectors
The aim of this study is to find out, through historical and statistical data, how airlines are coping with this unfavourable environment, the support they expect to receive and some of the possible strategies, while expecting better scenarios when the mobility restrictions end (Iacus et al, 2020)
Air France-KLM Group (France) Lufthansa AG – Lufthansa (Germany) Air France-KLM Group (Netherlands) TUI Group (Germany) Lufthansa AG - SWISS/Edelweiss (Switzerland) TAP (Portugal) SAS (Scandinavia) Finnair (Finland) IAG – Iberia (Spain) Easy Jet (UK) Ryanair (Ireland) Condor (Germany) Lufthansa AG - Austrian Airlines (Austria) Wizz Air (Hungary) IAG - British Airways (UK) All airlines operating in Sweden Lufthansa AG - Brussels Airlines (Belgium) Norwegian Airlines (Norway) IAG – Vueling (Spain) Air Baltic (Latvia) SATA Air Açores (Portugal) Wideroe and other small regional carriers in Norway Blue Air (Romania) Nordica (Estonia) Alitalia (Italy) Total agreed Total under discussion Total
Summary
The COVID-19 pandemic has been an unprecedented health crisis, but has affected the economy and with it many sectors. Airlines have stopped operating many of their flights, on the one hand because of government restrictions and quarantines, and on the other hand because, many of the restrictions have been lifted, most passengers are waiting for better times to travel again (Hollinger, 2020) This crisis affects airlines as a whole, and aircraft manufacturers and providers of maintenance, repair and overhaul of aircraft. There are fewer on-board meal options, traditional on-board service is no longer available, there are no magazines in the seat backs, and all passengers and crew are required to wear masks All these measures are expected to help ensure the safety of passengers and crew during flights, and to encourage people to continue to use airspace for travel. The aim of this study is to find out, through historical and statistical data, how airlines are coping with this unfavourable environment, the support they expect to receive and some of the possible strategies, while expecting better scenarios when the mobility restrictions end (Iacus et al, 2020)
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