Economic Impact of COVID-19 on Civil Aviation
COVID-19 Webinar Series • 56m
Economic Impact of COVID-19 on Civil Aviation and the Form of Measures to Alleviate the Financial Stress.
The viability of the aviation industry has been severely impacted by the drastic reduction in air travel demand amplified by stringent travel restrictions. The most significant economic impact from the pandemic is the liquidity and working capital deficits for the industry, which will risk operations not recovering to pre-pandemic levels and affect air transport connectivity in the near term.
This webinar discusses:
a) the economic impact of Covid-19 on civil aviation,
b) the form of financial relief and mitigation measures, and
c) value creation of financial support to aviation.
Recorded on 7 July 2020.
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