The Airline Group of the International Federation of Operational Research Societies (AGIFORS) held four conferences during May to July 2021 that focused on how COVID-19 was impacting and reshaping the airline industry. Dozens of airline representatives from around the world spoke about how ...
However, cargo has been a lifeline for the aviation industry during COVID-19. Before the pandemic, cargo typically made up around 12 percent of the sector’s total revenue; that percentage tripled last year. Based on data from the Airline Analyst, only...
SYDNEY, June 24 (Xinhua) -- A new market update from Australia's national airline Qantas Group has shown that the restart of travel has allowed the airline to begin to climb out from a mountain of debt accrued during the COVID-19 pandemic. According to the latest financial year report rel...
COVID-19 has drastically decreased airline traffic across all routes, but the volume of connecting passengers has been among the hardest hit. Questions have arisen as to whether the current crisis will lead to structural changes within the industry. On the network side, this includes a d...
Returni,t is the weekly stock return of firm i during week t. COVIDc,t is the growth rate in the cumulative number of confirmed cases in country c during week t. PRIc,t−1 is the policy response indicator in country c during week t-1. There are four types of PRI as explained ...
but none quite as rapid and severe as the one posed by the spread of COVID-19. One constant during uncertainty shocks and industry downturns is that airline labor bears the brunt of the decline. As the industry reduces capacity amid the increase in travel restrictions, the post-stimulus impac...
It said that was equal to the number of flights United Airlines, American Airlines and Delta Air Lines were required to cancel under Beijing's “circuit-breaker” system. The ruling Communist Party's “zero COVID” strategy aims to keep the virus out of China while other governments are shif...
In order to fill this gap, we aim to examine the airline stock returns during the spread of the COVID-19 pandemic. Although the World Health Organization (WHO) announced the first COVID-19 infected case in China on December 31, 2019 (WHO, 2020), we consider three major dates related ...
Pere Suau-Sanchez, senior lecturer in air transport management at Cranfield University, England and the Open University of Catalonia, Spain tells CNN Travel that Covid-19 has proven low-cost airlines to actually be some of the more resilient carriers. ...
Flybe, a UK-based airline that went bust during the Covid-19 pandemic, has been bought and flights could start again in early 2021