COVID-19 pandemic and prospects for recovery of the global aviation industry. (May 2021)

• Record Type: Journal Article
• Authors: Dube, Kaitano; Nhamo, Godwell; Chikodzi, David
• Is Part Of: Journal of air transport management. Volume 92(2021)
• Publication Date: 2021-05
• Subjects: Aviation -- COVID-19 -- Recovery -- Health and safety protocols -- SDGs -- Rating downgrades; Airlines -- Management -- Periodicals; Aeronautics, Commercial -- Management -- Periodicals; 387.7068
• DOI: 10.1016/j.jairtraman.2021.102022
• Languages: English
• ISSNs: 0969-6997

Abstract

Abstract: The COVID-19 pandemic ushered a wave of economic decline across the world due to disruptions in the supply and demand chain for the travel market. This study examines potential recovery pathways from the global aviation industry following the severe negative impacts of the COVID-19 pandemic. Using archival and secondary data mainly from Flightradar24, ICAO, IATA and EUROCONTROL, the study found that the pandemic inflicted a heavy toll on global aviation, which resulted in ratings downgrades, liquidation and bankruptcy of several airlines and airports due to severe cash burn instigated by travel restrictions. Although the industry is opening up, the recovery process seems much slower than anticipated, which could see more jobs and airlines failing in the absence of relevant support. The study recommends that as the sector opens up, it does so in a responsible manner, which puts measures that protect travellers, reduce costs, increase efficiency, and ensure a quality customer experience anchored on employees' health and customer safety. Recovery should also occur with the view to build back better in line with the provisions of the Sendai Framework for Disaster Risk Reduction and at the same time responding to the dictates of Agenda 2030 on sustainable development goals (SDGs). Highlights: The study unpacks the impact of COVID-19 on the global aviation industry. The study examines some of COVID-19 health and safety protocols adopted by the aviation industry. The study develops and suggests a model for airports operations during and post COVID-19 pandemic. Research further provides selected recovery pathways for the aviation industry.