Abstract We address the impact of the COVID-19 crisis on the US airlines market and discuss the benefits and limitations of current business models in a context of increasing socio-economic uncertainty and stringent environmental regulations. Drawing our data from the Bureau of Transportation Statistics and 10-K/A reports, we undertook an exploratory study of the performance of the 10 main passenger airlines in their domestic operation during one year. We found that, although major losses occurred industry-wide, ultra-low-cost and low-cost airlines fared better than full-service network carriers did in terms of financial performance. We argue, nevertheless, that such apparently successful business models are not necessarily adaptive to address future industry changes.
The impact of the COVID-19 crisis on the US airline market: Are current business models equipped for upcoming changes in the air transport sector?
2022-01-31
10 pages
Aufsatz (Zeitschrift)
Elektronische Ressource
Englisch
British Library Conference Proceedings | 1992
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British Library Conference Proceedings | 1992
|