There is no industry more severely affected by COVID-19 pandemic than aviation. Travel bans as of late March could represent closer to 98% of global passenger revenue — with a three-month blanket ban equivalent to over USD 250 billion. When will the air travel demand bounce back? How rapidly can the supply side recover? KPMG experts have prepared a document on the current impact of COVID-19 on airport industry and analyzed the possible scenarios of its recovery.
The study presents the expert opinion of specialists from Arthur D. Little on key modern challenges for aviation and promising areas of response to these challenges.
The study deals with the new realities of economic and social relations resulting from the spread of COVID-19 and its consequences. It contains possible scenarios of disease spread and its consequences, as well as the main features of the current situation, which should be taken into account when developing and implementing a business recovery strategy.
They need a strategy to maximize resilience and prepare for the rough waters ahead. Ten key actions can help.
KPMG consulting firm’s research is devoted to a comprehensive analysis of the consumer (customer) based on the company’s own data collected from around the world and is intended to give a comprehensive picture of what determines customer behavior and choice today and how companies can adapt to the new reality.
