Future of aviation, COVID-19 and the promise of sustainability The aviation industry has been hit hard by the COVID-19 pandemic, bringing the century-old industry to a near-halt. With sustainability as a guiding principle coupled with ambitious net-zero emissions goals, many questions remain un...
The House of Commons Transport Committee concluded in a new report, "UK aviation: reform for take-off," that the restrictions caused a severe financial shock to the aviation sector. "Government action was inconsistent. It left industry and passengers confused and unable to plan ahead," said Huw...
Since then, the only way has been up, with the Covid-19 travel recovery beginning in earnest in 2022 in some regions. By the close of 2023, many markets across the world were back to 2019 capacity levels, which became the benchmark for a return to normality. With 2023's yearly capacit...
COVID-19 also resulted in job losses along the entire aviation industry's value chain and in related sectors; these were due to losses in passenger revenue, cargo revenue, air ticket refunds, fixed costs and increased parking fees for grounded aircraft, among other things. The study identified...
Explore COVID-19’s impact on the aviation industry. Air travel is recovering after closed borders and travel restrictions left airlines grounded.
WASHINGTON, May 4 (Xinhua) -- General Electric (GE) said on Monday that it was planning to cut the global workforce of its aviation unit this year by as much as 25 percent, or around 13,000 jobs, citing "deep contraction" of commercial aviation industry amid the COVID-19 pandemic. ...
After the pandemic, with the introduction of favorable policies, global civil aviation gradually entered the "defrost" stage. In 2023, the total number of air passengers handled in China reached 620 million, with a year-to-year growth of 146%. The industry recovery has allowed China Southern ...
Kansas aircraft industry grows post-pandemic despite recent slowdown Updated: Dec. 25, 2024 at 4:48 AM GMT+8| By Keith Grant The aircraft sector has recovered from the employment decline experienced in 2020 due to the COVID-19 pandemic. News Next step for Boeing, Spirit merger set for earl...
However, the major disruptions caused by the COVID-19 pandemic might change industry development trajectory. This study provides an updated review of the development and performance assessment of the Japanese domestic market, with a focus on the effect of the COVID-19 pandemic on airlines' ...
Although the temptation is to pin the blame solely on the pandemic-induced plunge in passenger traffic, that would be to ignore the airline industry’s underlying and long-term health problems. This article, the first in a two-part series, provides an overview of...