Impact of COVID-19 on Air Transport Policy & Planning

AIR TRANSPORT POLICY &
PLANNING
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INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
Briefly discuss the key issues in economic regulation and policy involving the international
airline business over the period 2015-19................................................................................3
The pandemic’s impact on the aviation industry....................................................................4
The current situation as the industry starts to build back.......................................................7
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................10
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INTRODUCTION
Aviation industry is inclusive of almost all the aspects associated to air travel and other
activities which further assist to facilitate it. In simple terms this industry include the entire
aircraft manufacturing, airline industry, research companies, military aviation and much more.
The outbreak of COVID-19 has drastic impact on nearly all industries around the globe
(Amankwah-Amoah, 2021). In this aviation industry is among the one of the hardest hit which
faced many challenges such as affected passenger traffic, airport, workforce, air cargo demand
and much more. Due to the outbreak of COVID-19 government of all countries around the world
imposed travel restrictions which affected this industry in an adverse manner which directly
associated to their ability to generate revenue. Covid- 19 has significantly become the severe
threat to the airline industry in history. Due to travel restriction there is significant decrease in
demand among consumers which affected overall profitability and performance of this industry.
Present report include discussion on the manner in which aviation industry has been affected due
to go with 19 and the challenges that they faced which affected both airports and airlines sector.
This report also include discussion on key issues in economic regulation as well as policy
involving the international airline business over the period 2015 to 19. The overall impact of the
spend make on aviation industry is also being included in this report. This report discuss is the
impact of COVID-19 on global aviation industry and manner in which this industry is currently
overcoming the challenges that they have faced due to this outbreak.
MAIN BODY
Briefly discuss the key issues in economic regulation and policy involving the international
airline business over the period 2015-19
There were some key issues in context of economic regulation as well as policy involving the
international airline business over the period 2015 to 2019. In this it has been underlined that
economic issues such as consumer protection fair competition have duly attracted regulatory. In
addition to this the International Airlines association implemented, fair competition issues at
international level in order to have a provision on fair competition in the year 2015 (Dube,
Nhamo and Chikodzi, 2021). In addition to this it has been underlined that the regulatory
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