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Sep 1, 2021 · The pandemic has also affected aviation related capital investment schemes, airport expansion programs and upcoming new projects which have been put on hold, with direct economic consequences to the construction industry, and investors with committed capital (Avanzi and Zerjav, 2020). From the capital investment and infrastructure development perspective, the social cost of the pandemic and ...
- Mohit Arora, Mohit Arora, Mohit Arora, Stefan Tuchen, Stefan Tuchen, Mohsen Nazemi, Mohsen Nazemi, L...
- 2021
Feb 24, 2022 · Montreal, 24 February 2022 – Airports Council International (ACI) World has published its ninth quarterly assessment analyzing the economic impact of the COVID-19 pandemic, its effects on the global airport business, and the path to recovery. It has been almost two years since the World Health Organization (WHO) declared the COVID-19 outbreak ...
Mar 25, 2021 · The ongoing COVID-19 pandemic brought airports around the world to a virtual halt in the second quarter of 2020, resulting in airport traffic —and revenue —losses across all regions. While many countries have since then started to gradually reopen many parts of their economy, many states were confronted with subsequent waves of infections and several jurisdictions opted for the re ...
Jul 14, 2021 · Practically all aspects of economic and social activity were – and are still – disrupted. Air transport has remained one of the hardest-hit global industries. The economic, social, and health implications for the aviation sector are far-reaching and the pandemic will affect aviation businesses, passengers, and airports for years to come.
Mar 31, 2022 · The COVID-19 pandemic is entering its endemic stages in some parts of the world at the time of writing, and airlines hemorrhaged $168 billion in economic losses in 2020. Although the temptation is to pin the blame solely on the pandemic-induced plunge in passenger traffic, that would be to ignore the airline industry’s underlying and long-term health problems.
May 12, 2020 · Airports are essential to the economic development of cities, countries, and regions. They directly contribute to economies by providing services to airlines, moving passengers, and transporting cargo. The movement of goods and people also benefits governments, consumers, and industries. However, the COVID-19 outbreak has hit airports hard—which could stall development in emerging markets.
Sep 24, 2020 · The crisis has prompted a faster uptake of technologies such as biometric testing. COVID-19 is likely to prompt long-term changes to airport design. COVID-19 has wreaked huge damage on the world's once-booming aviation sector. Passenger numbers have plummeted and many airlines have warned they may not survive if the pandemic drags on much longer.
