Enjoy a 10% discount when you use the code EQLYSEP23 at checkout from the 20th to the 30th of September 2023

Services Our expert insights reveal the key consumer and industry trends shaping global services, including best-in-class innovations in technology, customer experience and sustainability to thrive in dynamic times.
Find content by

The Impact of the Coronavirus on the Airline Industry

3/23/2020
Nadejda Popova Profile Picture
Nadejda Popova Bio
Share:

In this weekly podcast, Euromonitor International discusses the impact of the coronavirus on industries, economies and consumers.

In this episode, we look at the impact on the airline industry and the long-term effects this crisis will have on aviation as a whole. A sharp decline in demand has triggered huge financial difficulties and liquidity problems for all carriers, forcing many operators to suspend thousands of flights and services.

Fleets are grounded while capacity, frequency and costs are cut. The industry will need life support in the form of government bailouts, emergency financial help and loan guarantees - as well as waivers from stringent local regulatory requirements in order to avert a complete collapse.

Interested in more insights? Subscribe to our content

Latest Insights

WTM London

Euromonitor International 19 September 2023

Shop Our Reports

World Market for Automotive

The report provides an overview of the global light vehicles industry which includes an assessment of market size, company shares and brand performance. It also…

View Report

The Return of Travel and its Impact on Luggage Recovery

The luggage industry faced significant challenges during the pandemic, with sales plummeting in 2020. As COVID-19 restrictions eased in 2021, travel rebounded,…

View Report

Elevating Engagement: The Loyalty Landscape in Asia Pacific

Asia Pacific is a region characterised by diverse economies, cultures and demographics. In such an environment, loyalty programmes need to be crafted to meet…

View Report
Passport Our premier global market research database with detailed data and analysis on industries, companies, economies and consumers. Track existing and future opportunities to support critical decision-making across all functions within your organisation Learn More
;