The Effects of the Occurrence of Aviation Accidents on Air Passengers

Abstract

This paper examines the impact of aviation accidents and incidents on the number of passengers carried by air transport. A fixed-effect panel regression model is used to analyze a dataset of 169 countries from 1970 to 2020. The study finds that aviation incidents positively and significantly affect passenger numbers. However, aviation accidents hurt the number of air passengers. In addition, fatalities in commercial and all flights hurt passenger numbers. These findings have important implications for policymakers and aviation industry professionals seeking to understand and mitigate the impact of aviation accidents and incidents on passengers, such as prompt and transparent communication, enhanced safety standards as well as offer compensation and support.