The Aviation Industry During Crisis and the Journey to Sustainable Recovery: Literature Review
- First Online: 29 October 2023
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- Mohamed Fareed Rafea 3 &
- Allam Hamdan 3
Part of the book series: Contributions to Management Science ((MANAGEMENT SC.))
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The covid 19 pandemic has had a major impact on the aviation industry, causing disruption to global air travel and leading significant financial losses for airports and airlines. Due to the pandemic, demand for air travel has declined significantly, lockdowns, and travel restrictions. These stated factors led airlines to cancel flights, grounded aircrafts, and layoffs of employees. To mitigate this matter, the aviation industry had to be proactive and react rapidly to the changing situation and implement new measures in order to ensure business continuity. In this empirical study we will subject the cause and effect of financial losses and provide business strategies for future searches.
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Ahlia University, Manama, Kingdom of Bahrain
Mohamed Fareed Rafea & Allam Hamdan
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Correspondence to Allam Hamdan .
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Department of Finance and Accounting, Lebanese American University, Byblos, Lebanon
Rim El Khoury
LaRGE Research Center, EM Strasbourg Business School, Strasbourg, France
Nohade Nasrallah
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Rafea, M.F., Hamdan, A. (2023). The Aviation Industry During Crisis and the Journey to Sustainable Recovery: Literature Review. In: El Khoury, R., Nasrallah, N. (eds) Emerging Trends and Innovation in Business and Finance. Contributions to Management Science. Springer, Singapore. https://doi.org/10.1007/978-981-99-6101-6_42
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DOI : https://doi.org/10.1007/978-981-99-6101-6_42
Published : 29 October 2023
Publisher Name : Springer, Singapore
Print ISBN : 978-981-99-6100-9
Online ISBN : 978-981-99-6101-6
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