(National Aviation University, 2021-04-08) Chaika, Maria; Чайка, Марія Олександрівна
The COVID-19 pandemic has been a test of activity and in the worst cases, even a threat of existence to the tourism and aviation business. Due to traffic restrictions and the complete cessation of passenger transport connection, these sectors of the economy, which are directly related to transportation, have suffered the most.
With the establishment of strict quarantine measures from March to May 2020, aviation and tourism companies suffered significant losses. SkyUp airline announced about $30 million in losses during the period.
The main problems were that the operators had to:
• return significant funds for booking unused tickets to customers;
• hold aircraft fleets indefinitely.
