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The Aviation Industry: Tackling the turbulence caused by COVID-19

摘要


The COVID-19 pandemic that appeared in December 2019 has affected the aviation industry both positively and negatively. The unprecedented panic has forced governments and businesses to respond in novel ways. This study compared COVID-19 to SARS and the Spanish flu in terms of government and business response to operating in an environment with the pandemic. We identify the key factors that allow certain airline carriers to fare better than other airlines based on their domestic market and government response. There are also repercussions of the pandemic to the aviation industry in the short term and long term. We offer prospective insights into addressing these short- and long-term repercussions and propose frontier directions of academic research that should be conducted.

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