Aviation post pandemic
This particular industry has been among the worst hit by the pandemic. Many Airlines forced to suspend or close operations over the past eight months, disrupting supply chains globally and claiming millions of jobs. Aviation contributes nearly 4 per cent of the global gross domestic product (GDP) and supports more than 65 million jobs around the world, The current situation have both challenges and opportunities. • Airlines stocks soar on consolidation hope and new planes -Neither has the demand revived strongly nor with the govt backup the Indian airline stocks have returned over 60% in the last six months. • To get the corporate travel rationalised - By increasing adoption of technology and work-from-home routines are likely to reduce demand for business travel significantly. • Noticed an Impact on future investments - Airline Industry has been gathering interest from investors who are hoping for consolidation to derive more value. • Reduce the commercial revenues - Now the Airports will need to transform their commercial business and operating models to deal with this new reality.