ANALYSIS OF IMPACT OF COVID-19 PANDEMIC ON AIRLINES BUSINESS AND FUTURE TREND OF AIRLINES BUSINESS IN THE POST PANDEMIC PERIOD

Abstract

The COVID-19 outbreak affects all industries. The airline business is one of the first businesses which has heavily been affected because of the traveling limitations and border closing policies in various countries. Due to the COVID-19 pandemic, relevant departments have issued both short-term and long-term measures to limit and prevent the spread of the infection. The purpose of the current academic paper is to analyze crises that occurred in the past and their effects on the aviation industry, including the impacts of COVID-19 on airlines businesses, the trend of airlines businesses after the COVID-19 pandemic and the short-term and long-term measures owing to the outbreak of COVID-19. As mentioned, the effects of the COVID-19 pandemic towards the airline businesses can be divided into 2 categories: The first category relates to the revenues of the aviation industry and the second one relates to the airline management. Those two categories of the airline business effects have brought the major changes to the industries in
the following dimensions: First, there has been a policy to control the airline passengers at the airport; second, the modern technology has been proposed and used in the airline businesses for safety. Third, the policy for health safety has been promoted and strictly operated.