Proceedings of the 2022 2nd International Conference on Enterprise Management and Economic Development (ICEMED 2022)

Covid-19: A Disaster While Also an Opportunity for the U.S. Airline Industry

Authors
Jinnan Lyu1, , Longzhou Zhang2, , *
1Department of Statistics, University of Toronto, Toronto, M5S 1A1, Canada
2Department of Economics, University of Toronto, Toronto, M5S 1A1, Canada

These authors contributed equally

*Corresponding author. Email: Jinnan.lyu@mail.utoronto.ca
Corresponding Author
Longzhou Zhang
Available Online 1 July 2022.
DOI
10.2991/aebmr.k.220603.191How to use a DOI?
Keywords
Coronavirus; Airline Industry; Air Rravel Operations; Airport Service
Abstract

The U.S. airline industry faces a significant recession due to the Covid-19 pandemic. It is well-known that the outbreak of the Covid-19 pandemic has imposed many damages in the U.S. airline industry, both from the decline of passengers taking the flight and the decline of the U.S. flights. The Covid-19 pandemic also has negative impacts on airport services and airline companies, mainly due to the loss of capacity to provide airport services and the sharp decline in the revenue generated by the U.S. airline companies. This paper aims to analyze the impacts of the Covid-19 pandemic on the U.S. airline industry (Freight & Passenger). Specifically, it investigates the impacts of the Covid-19 pandemic on the U.S. airport services and the relationship of the Covid-19 on the airports to the size of these airports, as well as the relation of the social distancing measures to the recession of the U.S. airline industry. In this context, social distancing is defined as the effective distancing that people need to keep to reduce the spread of the Covid-19 virus. Some data comparing the situation of the U.S. airline industry before and in the pandemic is used to test the hypothesis that the social distancing measures have contributed to the recession of the U.S. airline industry. The results suggest a positive relationship between the social distancing measures and the recession of the U.S. airline industry. On this basis, some suggestions on how to help the U.S. airline industry recover from the pandemic more efficiently will be provided. Government intervention, airline companies’ reactions, and passenger preference are the primary attempts to help the U.S. airline industry recover from the Covid-19 pandemic.

Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article distributed under the CC BY-NC 4.0 license.

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Volume Title
Proceedings of the 2022 2nd International Conference on Enterprise Management and Economic Development (ICEMED 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
1 July 2022
ISBN
978-94-6239-585-5
ISSN
2352-5428
DOI
10.2991/aebmr.k.220603.191How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article distributed under the CC BY-NC 4.0 license.

Cite this article

TY  - CONF
AU  - Jinnan Lyu
AU  - Longzhou Zhang
PY  - 2022
DA  - 2022/07/01
TI  - Covid-19: A Disaster While Also an Opportunity for the U.S. Airline Industry
BT  - Proceedings of the 2022 2nd International Conference on Enterprise Management and Economic Development (ICEMED 2022)
PB  - Atlantis Press
SP  - 1181
EP  - 1187
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220603.191
DO  - 10.2991/aebmr.k.220603.191
ID  - Lyu2022
ER  -