Global Airline Industry’s Innovation Efforts After Covid-19 _ Crimson Publishers

Global Airline Industry’s Innovation Efforts After Covid-19 by Joosung Lee in Integrative Journal of Conference Proceedings


This short article examines the impact of COVID-19 on the airline industry and the industry’s responses to recover and further innovate its service offerings. Various cases of airline revenue models are discussed via actual measures taken by some of global airlines. This overview can provide insights to revitalize the industry with new business models.

The impact of COVID-19 can be seen on every industry globally. However, amongst all sectors the airline industry has been hit extremely hard by the COVID-19 outbreak-even harder than by the events of 9/11 and the 2008 financial crisis put together. Before the COVID-19 outbreak, the airline industry displayed a steady growth across all countries. According to the report “Economic Performance of the Airline Industry” published by IATA (International Air Transport Association), the projected annual growth of revenue ton-miles (RTM) of 2020 for the international flights by the U.S commercial airlines was roughly four percent. However, in the summer of 2020 the IATA revised its projection, predicting a global loss of US $84 billion. Global airline companies are now confronted with the new normal industry dynamics followed by the COVID-19 and are given the task to revitalize their company with new business models.

https://crimsonpublishers.com/icp/fulltext/ICP.000541.php

For more open access journals in Crimson Publishers

please click on https://crimsonpublishers.com/

For more articles in open access Integrative Journal of  Conference Proceedings 

please click on: https://crimsonpublishers.com/icp/

Follow On Publons: https://publons.com/publisher/6342/crimson-publishers

Follow On Linkedin: https://www.linkedin.com/company/crimsonpublishers

Comments

Post a Comment

Popular posts from this blog

Software Platform for Analise of Data in The Field of Waste Management_ Crimson Publishers

Software Platform for Analise of Data in The Field of Waste Management by Hiroshi Bando In Integrative Journal of Conference Proceedings   Abstract This system will create activity in the waste market, which will involve processors. For this purpose, the research of thermal conductivity of RDF-raw materials of waste landfills in the laboratory of quality control of new functional materials GUAP and programming in Java Script virtual platform ECO 365.The global perspective of the project is the consolidation of the laboratory of new composite materials GUAP to create a waste processing Center with the main focus on research in the field of production and sale of biogas. Demand in the market is large. The used technologies of analytical and measuring instruments and programs of three-dimensional equipment will allow to apply in parallel with the analysis of raw materials the possibility of developing equipment to produce by-products from waste with their subsequent certification....
Read more

Using Shortened Systematic Strategic Planning (SSP) Working Model for the Development of a Strategic Plan of an Entrepreneurial Business-Case Study_ Crimson Publishers

Using Shortened Systematic Strategic Planning (SSP) Working Model for the Development of a Strategic Plan of an Entrepreneurial Business-Case Study by Hakan Butuner In Integrative Journal of Conference Proceedings   Abstract Where strategic analysis tools are explained, this is most frequently done conceptually rather than their actual application in strategic planning. Shortened systematic strategic planning (SSP) consists of a pattern of stepwise procedure for straight-forward planning, and the fundamentals involved in any strategic planning project. SSP has been applied to and tested on different businesses’ subject issue and has been generated by the composition of the cause-and-effect relations of them. The intention here is to provide a new perspective and benefit for the strategic planners by introducing this new systematic methodology and demonstrating its implementation on an entrepreneurial and new business called Visual Co. Accordingly, let shortened version of SSP e...
Read more

Synthesis and Characterization of Nickel Doped Iron Oxide Nano Particles for Biomedical Application _ Crimson Publishers

Image
Synthesis and Characterization of Nickel Doped Iron Oxide Nano Particles for Biomedical Application by Arshad Javid Muhammad in Integrative Journal of Conference Proceedings Abstract The objective of this work is to synthesize and characterization of nickel ferrite as MRI contrast agent to improve the signal intensity of T2 weighted images for biomedical application. For structural analysis, XRD was revealed that Ni-doped Fe2O4 have a cubic spinal structure Having Miller Indices (hkl) values of (220), (311), (222), (400), (331), (442), (333), (440) and (531). From XRD data, the grain size of Ni Fe2O4 was observed to be (17.12nm) after 20wt.% Ni-doped Fe2O4, and its further increases up to19.36nm for 40wt.% Ni Fe2O4, respectively. The XRD pattern confirmed that doping of Ni metal increased the grain size of nanoparticles. SEM was performed to study the morphology of prepared samples. EDX was performed to confirm the elemental analysis. EDX spectra depicted the desired peaks of Fe, O, Cl...
Read more