Insights

The COVID-19 outbreak has sent shockwaves throughout the aviation industry, sending a myriad of liquidity-strapped airlines into administration or part government ownership.

Undoubtedly, the entire aviation industry can recover from this pandemic. It will require a multilateral approach by governments worldwide. It will take a combination of vision, creativity, compromise, commitment, discipline, operational acumen, and leadership - combined with continuous precautions.

Airlines are keen to rebuild network connectivity as quickly as possible Fear remains among travellers over the threat of COVID-19 Airlines face up to 40 uncontrollable variables linked to passenger uncertainty and demand

The economic uncertainty, over 30 external uncontrollable variables and the unique dynamics of the current COVID-19 crisis make it very challenging for airlines and airports across the globe to forecast demand and kickstart air travel in the near future.

The implications of COVID-19 has sent shockwaves throughout the aviation industry, sending a myriad of liquidity-strapped airlines across the globe into administration or part government ownership (Bauer, Bloch and Merkert, 2020).