Covid-19 changed the process and practices in the aviation sector
Three months into 2020, the impact of the COVID-19 epidemic is putting great strain on Asia-Pacific and Middle Eastern airport revenues. Although China and other Asian countries made tremendous attempts to prevent the virus's spread, it has already spread to other parts of the globe. We may expect the same kind of pressure there, as well as a worldwide influence by now.
During the COVID 19, the amount of traffic at an airport has a direct impact on income generating. Flight restrictions and cancellations result in fewer flights and, as a result, less income from the aviation industry. When traffic demand falls, airports, unlike other stakeholders in the aviation sector, have limited cost-cutting options. Airport infrastructure costs stay constant, and airports are unable to shut or relocate terminals or runways, due to COVID 19.
Non-aeronautical income are also important to examine because aeronautical revenue alone cannot cover all airport operating and construction costs. Non-aeronautical income are the primary source of revenue for certain hub airports in the region. Non-aeronautical sources account for up to 45 percent of income at Asia-Pacific airports on average. The decrease in travelers has a huge financial impact on the airport and airport retailers. COVID 19 has impacted aviation sector.
How has СOVID-19 changed the process and practices in the accommodation sector? brainly.ph/question/8388589
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