Year: 2021 | Month: April | Volume 12 | Issue 1
Tracking the Impact of COVID-19 to United States Airline Industry: A Case Study
Jameel Mohammed Ahmed
Shanavas Moosafintavida
DOI:10.30954/2231-458X.01.2021.1
Abstract:
COVID-19 is having a significant impact on the wider global transport framework. This article draws attention to the analysis of the impact of the travel restrictions imposed in the context of COVID-19 to the U.S Airlines. As per the Analysts, major and more profound misfortunes are expected for the U.S Airlines in the coming months. A recuperation is muddled as instances of the virus and related fatalities keep on climbing. Delta and United Airlines have rumoured their 1st and 2nd quarterly losses in additional than 5 years. Their competitors are expected to unharness dismal leads to the approaching weeks. succeeding few months look even additional painful for the world because the coronavirus pandemic saps travelling demand throughout what is commonly the foremost profitable time of year (CNBC News 2020). Before the pandemic hit, airlines struggled to spice up revenue, as they older increasing volumes of traveller and merchandise traffic. Over the past 5 years, earnings for the world airlines business grew at a less-than-desirable pace, because of unstable fuel costs, increasing competition, the prevalence of inexpensive fare, and call-in world trade. celebrated for prime fastened operational prices, airlines have usually two-faced a spread of great market challenges. Therefore, this aviation market setting is filled with reasons for concern, however, the associate ultimate recovery is anticipated for the U.S airline business. While COVID-19 continues to endanger many various sectors of the economy, “no trade has seen a larger impact than airlines,” in step with the marketing research firm Global Data (Sarah, 2020).
Print This Article Email This Article to Your Friend
