Synopsis
The global pandemic COVID-19 has a devastating impact on airlines globally, leaving even the major players in a vulnerable position. This research study first assesses the impact of COVID-19 on global air traffic, airline revenues by region of operation, number of international passengers by region, and the number of domestic passenger traffic by route group from January 2019 to December 2020. PEST analysis is applied to evaluate the present situation of the airline industry. The question that will be addressed is – how the industry responded during the global pandemic, and how the industry can become more resilient in the race against the virus by using big data. The results and recommendations of this research study will provide valuable information to the aviation industry for its preparedness for the Post-COVID-19 era.
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Session 2: Big Data Utilization for Reopening Airlines
The global pandemic COVID-19 has a devastating impact on airlines globally, leaving even the major players in a vulnerable position. This research study first assesses the impact of COVID-19 on global air traffic, airline revenues by region of operation, number of international passengers by region, and the number of domestic passenger traffic by route group from January 2019 to December 2020. PEST analysis is applied to evaluate the present situation of the airline industry. The question that will be addressed is – how the industry responded during the global pandemic, and how the industry can become more resilient in the race against the virus by using big data. The results and recommendations of this research study will provide valuable information to the aviation industry for its preparedness for the Post-COVID-19 era.
