Corona causes 100-year-old aviation industry to collapse
The 100-year-old aviation industry has collapsed due to the global epidemic Corona virus, and the global aviation industry has suffered a deficit of about 60 percent, while total revenue has fallen by 4 4 billion to 5 5 billion.
While the Corona virus epidemic has affected various industries around the world, the aviation industry has also suffered, with tourism and business activities suspended.
An estimated 8,000 planes have landed worldwide in about a year and a half, while 90,000 industry workers have lost their jobs.
Various companies have 60 new aircraft ready but have no buyers, while orders for 18 A3 Fifty aircraft have also been canceled.
According to the International Civil Aviation Organization, an international organization working under the auspices of the United Nations, in an effort to stop the spread of the corona virus, 70 airlines around the world have suspended flights to China, while 50 percent of airlines have restricted flights. Affected 20 million passengers
Prior to the outbreak, various airlines around the world were planning to increase their flights to China by 9% for the first quarter of this fiscal year compared to last year, but Corona caused an 80% drop in passengers to China.
The Corona epidemic hit Japanese airlines hardest, with tourism shutting down Japan’s revenue by 1. 1.29 billion and Thailand losing 15 1.15 billion.
On the other hand, pilots, crew and ground workers associated with the aviation industry had to lose their jobs. The number of laid-off employees is estimated at around 90,000.
It is estimated that the number of international passengers has dropped by 81% and the number of domestic passengers has dropped by 50% in countries around the world.
According to economists, the aviation industry plays an important role in the world economy, but it was shaken by the corona virus, which also reduced the sale and purchase of aircraft, while the aircraft manufacturers could not bring new design aircraft to market.
Aviation experts say the International Civil Aviation Organization has divided the causes of the decline in the aviation industry into four categories, including operational, economic impacts, use of aircraft and reasons for non-availability of air travel.
According to a global report, in 2020, aircraft manufacturers received a total of 723 orders from around the world, but due to Corona, these orders decreased by 54%. Wide-body aircraft fell 81 percent, with aircraft manufacturers currently having orders worth 190 190 billion, but travel restrictions have reduced demand for the aircraft.
Some large airlines have had to land planes due to millions of dollars in losses. The busiest airports in the region, including the Middle East, Europe, the United States, Africa and Australia, used to be frequented by planes all the time, but now there are more deserted camps than ever before.
Some countries have offered special packages to passengers to prevent their airlines from going bankrupt. The United States has given its airlines a 160 billion vacancy, while Australia and France have announced subsidies to help retain employees.