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The COVID-19 pandemic and airline cash flow

The novel coronavirus pandemic has had a seismic impact on the travel industry. With a steep drop in demand and flight cancelations on international routes, airlines have reduced capacity on a scale that we have never seen before. In the current environment, airlines are strapped for cash, and cashf...

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Detalles Bibliográficos
Autor principal: Vinod, B.
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Palgrave Macmillan UK 2020
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7305696/
http://dx.doi.org/10.1057/s41272-020-00251-5
Descripción
Sumario:The novel coronavirus pandemic has had a seismic impact on the travel industry. With a steep drop in demand and flight cancelations on international routes, airlines have reduced capacity on a scale that we have never seen before. In the current environment, airlines are strapped for cash, and cashflow is a prerequisite for survival. As airlines navigate through the resumption of flights in a Covid-19 and post-Covid-19 era, this paper recommends an approach for airlines to generate cashflow from corporations for their mutual benefit.