Coronavirus- aviation’s biggest challenge

Abstract

An airline is an organization that provides air transport services for travelling passengers and cargo.There are over 5500 airlines in the world with ICAO codes. Not all airlines are formed and work equally. Airlines have a different market positions and operating methods. But from some point of view, we can see the same obstacles and difficulties which all must face. We may look at the economic challenges, demand and world crises as a great example. The principal purpose of the presented article is to discuss briefly the dilemmas of airlines, particularly recent coronavirus pandemic. In our analysis, we looked at some breaking points in the recent history of aviation. The current state was analyzed in the first phase. We performed an overall review, and the available data were summarized as forecasts before and after the health crisis. The main part of discussion was extended by displaying various changes in airlines' operation during the pandemic. Many airlines were forced to change their strategy, reduced their flight capacity, cut the frequency of flights and put their planes into hibernation mode. These differences have significant outcomes as bankruptcies, financial and employee losses etc. However, the coronavirus has started slowing the spread and most airlines are restarting their operations.